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The Obama revolution

The Obama revolution

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Originally posted by bill718
I know the amount being spent is quite large, but what is the alternative? 4 more years like the last 8?? I'm sorry to bring up Mr. Bush here, but like it or not, "W" took over a nation in much better economic shape than he left it in. Sometimes extreme steps are needed in extreme times. Perhaps some re thinking of supply side (support only the rich) economi ...[text shortened]... d be in order here. President Obama does not have the perfect solution...just a better one.😏
I agree, I hate the Bush/Obama plan of ripping the country a new one,
What they should try is spend less than they take in, try that for a
change instead of killing off the privote sector.
Kelly

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Originally posted by generalissimo
reducing the spending on the military would weaken the US.

It is already hard to fight in Iraq, afghanistan, or the fight the war on terror, and you'll only make it harder.
I'd prefer to make it impossible as those ideologically driven wars are utterly unnecessary and wasteful.

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Originally posted by KellyJay
I agree, I hate the Bush/Obama plan of ripping the country a new one,
What they should try is spend less than they take in, try that for a
change instead of killing off the privote sector.
Kelly
Killing off the private sector? Elaborate.

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Originally posted by KazetNagorra
The increase in government spending in itself is not such an issue, but the spending must be meaningful, and taxes need to be raised. Obama really needs to raise taxes significantly or government budget deficits will run out of hand.
You are not working with a full deck if you believe that! The fact that
they want to spend money on everything under the sun means they
want more of our money to do it. There was not need to raise taxes
until they started spending more money then we had!
Kelly

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Originally posted by KazetNagorra
Killing off the private sector? Elaborate.
Once the govenment gets a penny of money into anything it takes it
over. The banks are going to go down as well as many businesses,
and the reasons these things are happening is because of the actions
and rules the govenment put in place.
Kelly

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Originally posted by KellyJay
Once the govenment gets a penny of money into anything it takes it
over. The banks are going to go down as well as many businesses,
and the reasons these things are happening is because of the actions
and rules the govenment put in place.
Kelly
The reason banks are "going down" is because they created trillions of dollars of securities that were backed by essentially nothing and are now seen as virtually worthless. The government has, probably unwisely, tried to save them from going under but it's the banks and business' fault that they were incompetently and greedily managed, not the government's.