The Curious Case of the Stimulus Package
As of today, Obama has been president for a month. It has been a very difficult month for his administration and the Republicans being absolutely impossible to work with and appease. Unsurprisingly, the Republican Party is "disappointed" stating, "Obama's first month has been marked by wasteful spending, failed bipartisanship, and questionable ethics." Funny how quickly they forget what a failure the last eight years have proven to be. Nevertheless, the stimulus package has passed and hopefully things will start to improve slowly, but surely. That being said, I'm truly shocked of how hard the economy is tanking. It is affecting everyone everywhere. Even the little bubble I live in. Let's discuss.
First, and most important to me, is the MBTA, the loathsome public transportation of Boston, which has been in debt since, about, forever. Now, they are thinking of reducing service and raising fares, which is ridiculous. If they have services cuts, less people will ride; if they raise prices, less people will ride. These are inconveniences that can be prevented. As I have no experience in this sector or business all together, I really can't offer any advice other than look at the past. The MTA, New York City's public transportation, was in debt and full of old, useless subway cars, about 30-20 years ago, but have managed to improve substantially. MBTA, pay attention! Next on my importance scale are jobs. No, I haven't been laid off (yet). Thank goodness. However, the president of our hospital held a Town Meeting to discuss how the economy is affecting us. Due to the current financial conditions, there will be a hiring and income freeze, among other things. Moreover, a friend lost his job and has been unable to find a new one. Additionally, as of today, the country's unemployment rate is nearly 5 million. Ugh. Also, I was recently looking at flights home (to Fort Myers, FL) and was surprised to find a shortage of non-stop flights from Boston. Not only are the flights more expensive but now they're longer, too! Looks like I won't be making a trip home for a while. Finally, I am saddened to have noticed many small shops and restaurants closing in the Boston area.
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