Obama's government stimulus plan: Where the right needs to make its first stand

Discussion in 'Politics' started by Bern80, Jan 21, 2009.

  1. Bern80
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    Bern80 Gold Member

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    Obama's new spending bill to stimulate the economy met it's first road block already when the CBO noted in a report that most of the called for spending when not even get into the economy until the recession is actually over.

    First it is highly debatable whether gov't spending has EVER turned an economy around. Second, if the economic situation as dire as everyone and Obama seem to believe, you would think he would want to a more immediate boost to the economy. Unfortunately the most immediate method of boosting the economy is a bad word (well two words) on the left; tax cuts.

    It is rumored that Obama also has plans to set up a central bank to buy up the bad loans of any bank. So let's see, the plan to fix this problem is to do the exact same thing that got us in the problem in the first (gov't garunteeing loans).

    This stimulus plan is where the Republicans and right in general need to make their first stand if they want to maintain any credibility whatsoever. It is also where Obama needs to show some of his professed bipartisanship and taking on ALL ideas.
     
  2. rayboyusmc
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    rayboyusmc Senior Member

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    The right didnt' take a stand when we gave 350 billion to the bankers, why now?

    And the last thing we need is another Ronny in the Trickle Down Whitehouse
     
  3. Bern80
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    Bern80 Gold Member

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    And they should have instead going aloing with teh dems who think the governmtn can spend its way out of a recession.

    You're the second person who doesn't seem to get that signature
     
  4. Red Dawn
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    Red Dawn Senior Member

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    I agree.

    The rightwing should vote against spending for bridges, roads, infrastructure, and green energy projects.

    If they're smart, they'll demand we spend more money on Iraq.
     
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  5. elvis
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    elvis BANNED Supporting Member

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    they didn't take a stand because not giving the banks 350 billion would have meant economic collapse.
     
  6. Bern80
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    Bern80 Gold Member

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    So do you not believe the the CBOs findings with regards to Obama's plan?

    It would be nice to hear an actual reasoned response of the left wing nut jobs on this board instead of the tired cliche presumptions that seem to be all and your ilk know how to spout.

    What the CBO found in a nutshell is the text book definition of a government spending project. It would be wasteful, it would take more time than anticipated and would most likely not have the desired effect. A big part of why we're in this mess is bad debt and government taking it on via Fannie and Freddie, so Obama,s solution is to add another 1-2 trillion of bad debt to the problem. Again unless I'm missing something that is exactly part of what got us here and this great mind with all these great ideas is going to try the exact same thing?
     
    Last edited: Jan 21, 2009
  7. jillian
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    jillian Princess Supporting Member

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    yah... I think the right should try to stand in the way of someone who was elected to handle the economy because you guys haven't been competent to do so for the past eight years. That ought to sit real well with the 80% of people who approve of Obama right now.

    Yep... I think you all should be obstructionist jerks.

    Can you say "two term president" and a loss of 10 more seats in Congress in 2010?

    Sure... I knew ya could. :clap2:
     
  8. Old Rocks
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    Old Rocks Diamond Member

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    We have had tax cuts for eight years now, and we are all so much better off, right? Bill Clinton raised the taxes on the very wealthy by two percent, and we had an economic disaster, right? I mean a real economic disaster, the longest economic boom in this nations history.

    Bern, you don't have any idea what you are talking about. But go on yapping, the rest of us will get on with the jobs that need done.
     
  9. xsited1
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    xsited1 Agent P

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    Not only is the United Status under one-party rule for at least another 2 years, the Republicans are becoming more and more like the Democrats. It's going to be a rough ride for at least 2 more years.
     
  10. xsited1
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    xsited1 Agent P

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    Tax cuts with out-of-control government spending = bad combination.
     

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