Monday, February 23, 2009

RRJ #3

Reference

Luhby. T. (2009,February 16). States counting on their slice of $787B,CNNMoney.com. Retrieved February 18, 2009, from http://money.cnn.com/2009/02/13/news/economy/stimulus_states/index.htm?postversion=2009021609

Summary

According to the article, states are counting on their slice of $787 billion. This money will be used for Medicaid, education and infrastructure. It can help states on the budget gaps. Most governors are calculating how much they can get from the $787 billion. Also, there are still many people losing their jobs. The money is a big help for the states. There was a stimulus package that provided the money. Most of the money will be used to help for Medicaid, transportation projects, and education. But the money cannot help the states for everything. They still have to do something to fix the problem. The people can find some chances for jobs after the money is used. Someone said that the money is just to keep the people working during the hard time.

Reaction

Right now, the economic problem is not finished. The government has used $787 billion for Medicaid, education and infrastructure. As I know this is the second time that government has paid for the people. As I said in my first RRJ, the government will spend $200 billion for the economic problem. Right now, it is almost $200 billion. I do not know if it is enough, but the government did the right thing again. Using the money for the Medicaid, education, and infrastructure was a right decision, because they can show the people that the government is strong enough for the economic problem. It also can make sure that people can work hard during the hard time. There are still some budget gaps in the states. It is difficult to fix, but I think the governors will find a good way to fix them.

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