The Rambler (Fort Worth, Tex.), Vol. 100, No. 3, Ed. 1 Wednesday, February 13, 2008 Page: 3 of 6
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Opinions
February J3,2008 3
Feds' generosity equates a drop in the bucket
Chuck
Fain
s many know, America's economy has been on a
LSteady decline for sometime now. The bursting of
the housing market bubble, the steadily decreasing
value of the American dollar, and the Federal
Reserve's frequent interest rate cuts - it all seems to
signal a looming recession.
But fear not, fellow Americans: Bush has a
plan, in order to revive our failing economy,
Prefident Bush, along with partisan and bipartisan
constituents, has decided to enact a stimulus pack-
age^ aimed at the middle class. What does this
kkf t|gari foi; the average A^esleyan student? S/he may
find a bit of a boosuffbng whh their chfcck this year.
According to www.wlpftouse.gov, tneqmyjcfsed stimulus package
will grant most students an c%ra $6G0,in themfa^kets.
The new legislation breakdown like this:
$600 for those earning less thJfc $75,00|i a year
$300 for those earning $3,000 OT^ess a S&ars
$1,200 for couplel filing j^ntly who eario 150,000 or less a year
And an additional $30g pe1*%i}ild for those'families that qualify.
Associated Press afg^jeporte the proposed package will include
$50 billion in tax cuts forbusinesfls as well as h«4p for homeowners
facing possible mortgage foreclosures.
The new legislation faced some
passed by both the House and the Se
expected to be signed by Bush. Some
arriving as early as late April, but CN
expect to see a check in their mailbox
While an extra $600 in pocket soun
new stimulus package has many Critics.
the bill can be condescended into one simplVphr;
late. The ever-climbing price of oil, the rising o
nps in the Semite but was
by Feb. 7. The bill is now
sdictions have Me checks
eports tWt pne shouldn't
lil June.m
sat cSthe surface, the
I of the #£u||ents ^gainst
se: !§o lime, too
ramped
the economy,
unemployment and layoffs - all 3ftfe®ajor Jac
all are unaffected by the new stimuluspTtlgrHW. Alg^the program will add
to America's astonishing national debt, now an efStimated $9 trillion dol-
lars.
According to CNN.com, President Bush said this new legislation is
"the right set of policies at the right time," and, in a rare twist of fate,
Speaker of the House Nancy Pelosi, agreed.
"The new program will strengthen the middle class... create jobs and
turn this econo-
my around," she
said.
I'm
inclined to dis-
agree. While
$600 is nice, and
don't get me
wrong -1 could
definitely use it,
I don't see this
one gesture fix-
ing what has
been wrong for
so long. A $600
check is merely
a drop in the
bucket and does-
n't even address
some of the
major issues
plaguing our
economy.
An esti-
mated 116 mil-
lion American
families will
receive the
money, and
while it may
help out some who have not gotten themselves into insurmountable debt, I
don't see this stimulus package reaching the high bar that its authors have
set for it. And with our nation's obscene amount of debt, this new plan
may end up doing more harm than good.
Chuck Fain is a junior English major and is a staff writer for The Rambler.
^aXe^
-J
BANKB
Courtesy ol Google Images
Super Duper Tuesday
Primaries didn't answer all questions,
but will still go down in record books
Martin
Garcia
s a day set aside in
the primaries for pres-
idential hopefuls to solidi-
fy their campaign, Super
Tuesday came far from
securing one party's nomi-
nation and couldn't even
solidify the other.
Although news to
many, the phrase "Super
Tuesday" has been an
~~~~' expression coined to
describe a day in the primary elections for
decades now. It has now become more evident
because on this Feb. 5, 24 states held their
elections, shattering all other single-day
records.
The polls went crazy for hours straight on
Super Tuesday, and the results confirmed that
we are in an open-field era where there exists
no clear, front-runner. The battle for party
nominations will last to the finish.
T
The Republican fight answered facmore
than the Democratic race did. Although the m
state-wins were fairly close among Sen. John
McCain, Gov. Mitt Romney and Gov. Mike
Huckabee, the delegate votes heavily favored
McCain. With more than 500 on that day
alone, Arizona's senator opened many eyes
with his favorable outcome.
By no means did the McCain support win
him the rtod-for November, but his campaign
is confident facing a schedule with less than
half the states left.
Just like Rudy Giuliani's bi<J4or the presi-.
dency came to a halt when his strategy back^
fired, Romney's run was severely wounded on
the fateful Tuesday. Since many of the
nation's conservative votes split between
Huckabee and Romney, McCain reaped the
benefits of the divide and took home the
prize.
Romney responded to his poor Super
Tuesday by bowing out of the race and leav-
ing it to his two adversaries and a quiet Ron
Paul.
According to Fox News and CNN predic-
tions, Huckabee can win all of the remaining
states and still lose to McCain. Although the
towel hasn't been thrown in the ring yet,
McCain seems to have the upper hand.
And then there's the other side. Sen.
Barack Obama and Sen. Hilary Clinton have
further proven the fact that Election '08 is
open to any of the challengers. Although
Obama won 13 states to Clinton's eight,
Hilary edged him—by a very small margin—
in the delegate count when the day was over.
The race between the two has been neck and
neck since day one.
Even with several other contenders,
including a seemingly prominent John
Edwards, the Democratic race has always
been about the senators from Illinois and New-
York.
According to MSNBC's results* Obama
no^Hejads Clinton in the delegate Coynt, but
many m^re~delegates are needed |n order to
confWmrfheirparty's nomination/This baltle
is far fr<|m ovejtf and Super Tu®$lay reaf-
'^firmed the nation's split'&motig the
Democrats. 1
Overall, it was nice to see the voter
turnout on the not-so-fateful day- Although
bpth parties generally get j^tlear idea of who
their nominee is after Sj^er Tuesday, the
nation is still in ^fconjmdrum as to who their
next nominees might'be.
r- Tfjj^Test tlffng we as citizens can do is get
out there and vote when the Texas primary
rolls around on March 4.jEarly voting runs
Feb. 19-29. This election is generally still
very open, and we can all make history by
fulfilling our civic duties and convictions by
voting.
Martin Garcia is a junior English major and is a
staff writer for The Rambler.
The Rambler
Founded in 1917 as The Handout
Harold G Jeffcoat, Publisher
Kelli l owers, aaviser
Tiara Nugent, managing/college life editor
Colleen Burnie. entertainment editor
Shawn R Poling, editor-in-chief
Bryce Wilks, sports editor
Skyla Claxton, advertising manager
Member of the Texas Intercollegiate Press Association.
Opinions expressed in The R imbler are those of the individual author only
and do not necessarily reflect the views of the Texas Wesleyan community as a whole.
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Rambler Ratings
Thumbs up to the blue bench
with the gold ram head next
to the administration building.
m
f¥l
Thumbs up to the amazing
performers who took part in
the President's Honors
Concert on Feb. 8.
Thumbs down to the waste of
energy in Stella Russell Hall.
The TV stays on night and
day with rarely an audience.
Thumbs up to what is
hopefully the end of the
writers' strike.
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Poling, Shawn R. The Rambler (Fort Worth, Tex.), Vol. 100, No. 3, Ed. 1 Wednesday, February 13, 2008, newspaper, February 13, 2008; (https://texashistory.unt.edu/ark:/67531/metapth253408/m1/3/: accessed May 1, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas Wesleyan University.