Well the truth is any Stim Package takes time to build momentum.
What we are starting to see is not so much the actual Stim Package itself yet as the start of a bounce in confidence because things are being seen as getting done to try and help the overall situation. So you could say it's the Stim Package starting to help by creating more consumer & investor confidence. That's one reason why the Stock Market is starting to make some gains again.
So it's to be expected that there will still be some set backs but I believe the housing market has bottomed out... the Fed/Treasury plans are now in place and confidence will continue to be on the rise.
Might just want to note this so you remember I did say it early on... By the middle of 2010 things will be a whole lot brighter on the economic front.
By then the jobs programs will have had a good amount of time to really dig in.
To answer your question about what happens after President Obama's jobs program starts to wind down...
The answer is... just as in the Great Depression a jobs program is only an economic bridge through seriously terrible economic times. It keeps more people working and in kind buying things themselves and paying for services themselves... as well as paying taxes and not just falling on general relief.
The economy along with the housing market and Stock Market will rebound and private sector job growth will go up again thus replacing the works programs jobs as they wind down.
America is the greatest nation on earth and Americans in general are smart & very resourceful in trying times. And the President is really trying to do what's best. He's not perfect but by God he's trying!
The rebound is starting... let's have a little faith in each other. Democrat, Republican or Independent we're all Americans and we ALL do care about each other and our families.
