As I was just reading about Obama’s $747 billion dollar stimulus plan, I just realized how opinionated and sometimes uneducated people in our country can be. Let me back up one step, when I say opinionated, I am saying that people in our country at the moment are either in complete adoration with this newly imposed stimulus bill or are completely against it an believe it will fail. Although, I do agree that with our economy in a down-ward spin will not automatically be fixed with this giant amount of stimulus being put back into our economy. If left alone, I do believe that the market would have balanced back out into equilibrium at some point. Maybe this shows my incompetence as an economist, but throughout this class I have learned the stressed idea that the government’s hand in our economy normally is not the best solution, especially when it comes to price ceilings and floors. But back to the stimulus package, one thing I believe that is a positive of it is that the unemployment rates will hopefully go down. I am thinking that right now, there is a surplus of labor, many people are in need of a job; therefore the quantity supplied is very high, but the firms do not have enough money to pay their workers and fulfill payments in fixed and variable cost, therefore the quantity demanded of labor is much lower. With the stimulus plan, I am hoping that the $747 billion being put back into the economy will allow firms to be able to pay more workers thus hopefully bringing the market back into equilibrium and lowering unemployment. These are just ideas that were running through my head as I read about this stimulus. I am not claiming they are one hundred percent accurate; it is just as I see it.