Is the Main Street Bailout to Late?

The barrage of poor economic news continue to flow across the headlines like water over Niagra Falls.  In an effort to try and slow the rampit flood overwhelming our economy, Presedient Elect O’bama expressed today his desire to urgently pass an economic stimulus bill.  While the intend of the bill is to bring us out of recession, is it too little too late?

I think that the majority of Americans are in aggreeance that we need to come up with a plan which will jump start this economy.  I’ve yet to meet one person who’s happy about hearing of a friend or family member that lost their job.  Furthermore, each day I come across more and more people who are fearful that they may be the next to get a pink slip.  I truly hope that the plan laid out by O’bama brings us out of this funk quickly and builds a foundation of sustainable growth; but is the plan a day late and a dollar short.  Where do we plan to come up with the massive price tag put on the plan?  Spending government money with a large congressional credit card doesn’t seem very viable in my book.

Recently I heard someone say that the only thing worse then moving forward with bailouts and a stimulus plan is not doing anything at all.  Do you agree with this and is the stimulus plan to little to late?