ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Investing in Obama's stimulus package

Updated on April 7, 2012
hospitals needs better equipments
hospitals needs better equipments

Companies that poised to benefit from Obama's stimulus package

Barack Obama is one of a few presidents in history to have made the presidency seems more like a regular job. He answers first to the public who placed him in office before listening to members of congress. The senate disagrees with the stimulus package, he ran back on his campaigning mode. Disagreements with members of congress, he goes complain to the American Public. Problem in Afghanistan, what are the American people saying. Well, what we’re saying Mr. President is that you keep this up, you’ll guarantee yourself a second term.

Companies that poised to benefit from Obama's stimulus package have considered three options that posed a priority to why this stimulus package will help stimulate the economy, and consequently help their business grow. First, most companies seem to have been in compliance with the four million jobs the president said this stimulus will create. They believe that job lost have caused their business to decline in sales. So as a result, they see the president plan to stimulate the economy as an opportunity for their business to prosper again.

ABB which is company that provides power and automation technologies to a broad base of utility, industrial, and commercial customers, regard the stimulus promised by the president as a growth opportunity. They believe that this stimulus money can help their business prosper.

Second, some companies alleged that the plan does even a better service when it’s being used to help the sick. The new stimulus package that the House passed includes $20 billion to help get health information technology off the ground. Investing in health care is a major concern, every year a great number of medical errors occurred because hospitals and health clinics are not equipped to properly assist care to the sick. On the same token, this stimulus will also help Americans to continue receive health care benefit even after they have been laid off.

With this plan in effect, companies like Quality Systems (QSII) will benefit from this stimulus because the loans and grants that will become available will help doctors and hospitals to purchase electronic medical records equipments through Quality Systems & companies like Allscripts-Misys Healthcare Solution (MDRX). These are just a few things that the stimulus package can help achieved, health care and medical equipments are just a small part of it.

Third, as explained by the president, a good portion of this money will venture into buying out bad mortgage loans from banks as a mean to prevent citizns from losing their homes and for the banks to keep oporating. I believe that the stimulus package can work in that sector providing that citizens honor the credit crunch while the banks slowly make credit available to the masses.

We the people will have to play our part in the economy by changing our spending habits. It may be important to remember that it was loans & credits that got us in this predicament. We took too much loans and accumulated too much credits at one time. We should then change the way we manage our debt by changing our spending habit. The poised for us to continue benefiting from this stimulus for a long term prospects will have to incorporate a change on our part, and that change is the one we seek.

Comments

    0 of 8192 characters used
    Post Comment

    • irving6cunningha profile image

      irving6cunningha 

      8 years ago

      this is a great post! you are a good writer! I have written on the health care bill on my lense! please take a look~

    • Coolbreezing profile imageAUTHOR

      James Dubreze 

      9 years ago from New York, New York

      I agreed completely

    • BkCreative profile image

      BkCreative 

      9 years ago from Brooklyn, New York City

      Obama ran on a campaign of "Change" - and who in America could think for one minute that we can afford to continue to do as we have done? Even though for all intents and purposes we have crashed and burned?

      We are in a depression - this is not a recession. Yet, the American people are too financially naive to comprehend a depression. So we still think we have time to whine and complain and demand and stamp our consumer feet. Sigh!

      This society has to 'change' so totally to prevent this from happening again. The President is using the right word 'transparency' and even providing it. Thus far we have not had this - we have had no checks and balances, no oversight - nothing.

      Yet, I am glad for this depression. It is the only way Americans would come together and effect change - otherwise it would be ignorant business as usual as it has been for decades and scores and centuries.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)