Washington – Key Jewish American organizations on Tuesday praised President Barack Obama’s stimulus plan as crucial for their charitable and social causes.
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Obama signed into law Tuesday one of the most costly pieces of legislation in U.S. history – a $787 billion program to breathe life into the country’s failing economy.
“During good economic times and not, the Jewish federation system provides social services such as food, shelter and healthcare to the most vulnerable in our society,” said William C. Daroff, vice president for public policy and director of United Jewish Communities’ Washington office. “As the recession has worsened, the demand for social services has increased at the same time that the supply of resources to fund those services has been taxed to the limit.”
“The legislation signed into law today by President Obama will hopefully not only shorten the duration of the economic recession, but will also blunt its impact on those who have been devastatingly impacted by providing needed funds to social service agencies.”
Obama’s plan “is a significant step toward achieving America’s economic recovery,” said Ira Forman, the head of the National Jewish Democratic Council. “This landmark law recognizes the importance of putting our country back on a long-term path to prosperity.”
“The enhanced funding for Medicaid includes $87 billion to help states shore-up federal funding for individuals and families requesting health and long-term care aid,” Daroff said. “UJC is a chief proponent of this provision and has led advocacy efforts among the faith-based community for an increased federal commitment for Medicaid. Without passage of this funding, Jewish social service and health institutions would have lost more than $1 billion in funding.
Its very nice but I fail to see how this will boost the economy.
Govt handouts are bad news. Real, earned money is the only way to rebuild.
We’re addicted to candy from the Sugar Daddy.
Better to learn to survive on less than continue pumping up the sugar dosage.
Can yeshiva guys get some of that? & how?
even a lay-man like me knows better economics than these clowns in washington!! the more money you print for people who don’t deserve it, the less my well-deserved, hard-earned money is worth!!! so every dollar i earn now, will be worth about 25 cents by the time half the money from this stimulus spending plan is spent!!!
BEWARE: if you’re savings is $200,000, it’ll be worth $50,000 in 2010.
I guess PORK is kosher now????
Yeah, its a big shame what’s happening now in the US, Believe me all of u: the money the gov. keeps on spending wouldn’t solve Anything But make it worse,
My hard Working, Legal Earned money – Will be worth half or even a quarter the amount By the time ill have to begin 2 use it…,
AND for all those Bailouts, HealthPlans, Medical (Financial) Help, – remember: “WE” are the ones paying for that, NOT the goverment…
how about give every american a check and we will decide how to spend it? All those Stimulus bills/money doesn’t help the aveage american.
You want to boost the economy?
Do away with all those taxes on clothing, non food items in grocery stores, give us a break on gas tax and so on.
Stop pumping money into the big corporations and banks. We are not seeing a penny of it and we are all going bankrupt.
Can I become an asken (I mean, a shvitzer)? Meybe then I’ll see some of it too.
When I began working in a new career back in 1985 I had a starting salary of $27,000. When I told an older guy in the business, he said that when he started in 1973 or so the starting salary was $12,000. He said the difference was the inflation that Jimmy Carter caused in the 1970s when he destroyed the US economy. That says it all. Consider at least half your savings gone in ten years. Fortunately, your 30 year fixed mortgages at low rates will be worth half as much at that time.