Monday, February 2, 2009

Economic Stimulus Bill --- S.1

Feb 2, 2009

Senator Christopher Dodd
Constitution and Delaware Avenues, NE
Washington, DC 20510-0702

Dear Senator Dodd,

I am writing to express my opposition to the American Recovery and
Reinvestment Act of 2009 (S.1) and urge you to vote against this
so-called "economic stimulus" bill.

Adding nearly $900 billion in government spending to the $1.2 trillion
federal deficit already projected for this year will only pile
additional debt onto the shoulders of my children and grandchildren.
This massive government spending spree will not stimulate economic
growth.  In fact, your own nonpartisan Congressional Budget Office has
concluded that more than half of the hundreds of billions of dollars in
infrastructure spending contained in the bill will not take place for
more than two years -- long after economists predict, and we all hope,
the current recession will have ended.

I urge you instead to create more incentives and opportunities for
private-sector jobs and growth by cutting government spending and
enacting across-the-board tax cuts for individuals and businesses, like
those that helped reverse economic slumps in the 1960s, 1980s, and
earlier this decade.  By contrast, the tax cuts in the American
Recovery and Reinvestment Act are narrowly targeted, with the largest
portion going to more rebate checks, which failed miserably to reverse
our economy's slide last year.

If passed as currently proposed, I fear this borrow-and-spend
"stimulus" bill will waste record amounts of tax dollars,
provide virtually no benefit to the economy, and only add to our
nation's soaring liabilities.  Please vote NO on S.1.

Sincerely,

Mr. Roger Wise
3 Fox Run
PO Box 217
New Fairfield, CT 06812-0217