President Obama's Stimilus Package Assignment

1.In general, what is the Stimulus Package and its overall purpose to the economy? Why is the Stimulus necessary?
The Stimulus package is a package that's made to stimulate the economy. Stimulate means to motivate or encourage. The Stimulus package is necessary because the economy is inadequate and Obama is trying to dispute it.

2.What are the agreements and disagreements (with Democrats, Republicans, and others) around the Stimulus Package? What are President Obama's counter arguments in this debate?
The disagreements are that some expect to lose about trillion dollars worth of demand this year and next year. Another one people are saying is that this is not a stimulus bill, it's a spending bill.

3. What are the spending details of the Economic Package? How will it create jobs? In other words, where and how will the money be spent?

Some of the spending details of the Economic Package are $58 billion to Energy, $16billion to Science and Technology, $92 billion to Infrastructure, $114 billion to Education, $149 billion to Health Care and for Taxes on individuals $500 per worker, $1,000 per couple tax cut for two years, costing about $140 billion Greater access to the $1,000-per-child tax credit for the working poor Expansion of the earned-income tax credit to include families with three children. A $2,500 college tuition tax credit Repeal of a requirement that a $7,500 first-time home buyer tax credit be paid.

4. What are some other areas of the Package that President Obama emphasized in both speeches on the youtube CNN speeches?
The other areas of the Package that President Obama emphasized in both speeches are reducing energy,saving government energy, save and or create over 3 million jobs and put people to work

5. Do you feel that this package will help Afrikan Americans and if so how? Do you feel that racism and/or gender bias will make a difference in the output or results of the package? Explain.
I feel that this package will help African Americans because Obama is putting money toward those who are in need, those who need a helping hand, those who are struggling. I think racism and/or gender bias will make a difference in the output of the package because we as black people have so many stereotypes. Most blacks are losing their jobs and blacks aren't the only ones that are losing their jobs. With the stimulus package, blacks will have a chance to gain the things they lost on their struggle. Then most of these sterotypes would be put aside.