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Are you saying that the Obama/Reid/Pelosi proposals are GOOD for the Economy? If so, please explain how these policies are good for the country.
The policies I am referring to are: Cap and Trade, Government run Healthcare, higher income taxes, higher capital gains taxes, higher dividends taxes, return of the estate tax, amnesty for illegals, more regulation and more Government spending with $ Trillion+ annual deficits.
We go into massive debt that will take years to pay off..causing double digit inflation and interest rates (anybody here remember the Carter years..I do)..then we will finally make the sacrifices and live through the pain that we ultimately have to endure..instead of trying to avoid it like we have been doing. Better to have gone through the pain than to try and spend our way out. The bottom line is that when the GOP gets in next November to balance the power in Congress..they can reverse all of this rediculous spending (most of which will not be spent until after the election), and we can get some of our money back.
Are you pro-business? Are you anti-regulation? If so, take a moment and question yourself on how you could possibly be anti-amnesty without contradiction.
I thnik tht business and other wil react accordingly.For insatnces many businesses wil decide to actually not hire back near as many empoyeee so as to lower their health care expenses.They have already shown that tehy can do this durung this recession and the ones before it. Its a perfect time to restructure a company.But he really hasn't done much in fact and has backed down on others.Every president has a boat loans of promises that never get kept because congress has to apss them ans live witht eh consequence. Wiht Obamas policies getting lower numbers I certainly am not in a panic. If they don't work they can always be changed also as the pedelum changes all the time.If by 2010 we are still in this hgih deficit stitaution we may see many changes in congress and from the cap and trade vote in the house its looks like alot of democrats are very nervous about sapending and the programs.
Small children will spontaneously explode, the Earth will revolve the other way, and I'll finally be able to wear those size 8 pants in the back of my closet.
As much as I do not agree with some of Obama's policies, at least they are trying to do something. I wonder how the GOP would be addressing the current economic crisis? Tax breaks for the rich? Since the GOP has not presented any other alternatives to what we have, I think that is really all we have.
Sometimes, doing nothing is the way to do it, you do not change things for the sake of changing it.
One of Obama's biggest mistakes in judgment was allowing Nancy Pelosi to have so much power and to take the lead. The spending bill was put together by Pelosi; I don't think Obama had any clue. He's now realizing that there's a bit of a shortfall that he's trying desperately to compensate for. The money has been spent, and there's nothing left for healthcare, for example.
The other big mistake was trying to do too much too quickly. Haste makes waste, and we're seeing it.
The alternative to the entire economic stimulus was to let the economy collapse and send all the remaining wealth to the manipulators at the top. That would have brought on food lines, $10 gasoline and unbelievable unemployment. This would have been the results if the McCain/Plain ticket had won. Enough Americans realized this and voted for Obama in an attempt to prevent most of the damage caused by the Republican borrow and spend boom and bust policies.
I would **** to see these new policies put to work to make a better america for ALL of us not just the rich and connected.
Personally I approve of increasing taxes on speculators and do not think this administration as gone far enough in switching the tax burden from the people that create the wealth to the people that own the wealth and gamble it away.
So China also had a big stimulus package for their people.
You should go at research where they are now. Their stimulus seems to be working.
We're still waiting for ours.
BTW..sales of big screen TV's are up in China. So their consumers must have money to spend and a sense of stability if they are running out buying TV's.
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