- Thread starter
- #21
Obama deserves the chance to put his program into effect.
I think the heavy deficit spending right now is neccessary for two reasons.
First, we need a stimulus to the economy. The only reason I'm sitting here today is I have no work, the slowdown is still expanding. It was the Repub. policy to not save the banks and not stimulate the economy that led to the Great Depression. We can't make that same mistake today, even Repubs admit that it wasn't until the Gov started massive deficit spending for WWII that the economy recovered.
Second, we need to invest in our future. Again we need to learn from the past, large public investment in infrastructure is still paying off. Where would America be right now without things like the Golden Gate and Bay Bridges, the Interstate Highway system, etc? Dependence on fossil fuels is far too expensive, employer based insurance is a competative disadvantage on the world market and we are losing our lead in education leaving our children even less competative.
Unless the Repubs have a better idea, they can't lead on any of these issues, so they should either follow or get out of the way.
Deficit spending = bad. Try again.
I'm with wihosa... lets roll the dice on Obama's budget and if it comes up craps we'll tell the Chinese to "Just try and foreclose!" Glockmail, Palerider, ABikerSailor et al will show them where they can stuff their treasury notes if it fails.
Now is the time to put our balls on the block and pull the trigger...
-Joe