Stimulus Package: One Year Later

Yesterday, President Obama  appeared at the White House defend the Stimilus Bill he initiated one year ago. While he promised the bill would help aid the recovery,  many argue such progress is insufficient disparaging the bill as a waste of taxpayer money.  "Millions are struggling  to make ends meet." Obama proclaimed, "So it doens't fell like much of a recovery yet. Cognizant of such conditions, Obama insists the stimilus package has done much to better the American economy. Obama stated insisted the $787 Billion American Recovery and Reinvestment Act created and/or saved at least two million jobs. As the unemployments rates consistently wavers around 9.7% on average, it's a bit difficult to understand where these jobs are created. Republicans have quickly dismissed such claims. Remaining optimistic, Obama declared, "It is largely thanks to the recovery act that a second depression is no longer a possibility."

I'm not too sure I agree with his proclaimation. We are in a deep state of decline, yes, and the U.S. seems to have avoided a depression, yes, but is this due to the Stimilus Package? Not necessarily so.  Perhaps, if by look at the bigger picture, we consider what is more readily available to us in our present time in comparison to the Great Depression. Regardless if our economy is booming or declining, it is safe to say technological advancements have helped maintain a more preferrable way of living, especially since these advancements hav become more and more accessible to the common consumer. While Obama's Stimulus Package may help provide job, it does not provide the general "necessities" that have helped sustain modern life.