Obama's Economic Plan: History Does Not Look Kindly

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Obama is no savior and McCain had a more realistic plan for the short-run AND long run, keeping our debt, deficit and revenue in mind at all times for big and small businesses alike. My fingers are crossed for Obama, but realistically, it doesnt look good for him. its important to actually look at past economic tactics that have failed and to make positive change in those plans to stimulate the economy. simply saying it is Bush's fault is NOT going to work for Obama any more. lets see what he can really do and put his money where his over-sized mouth is...

YoungRepub of PA 1:29PM January 21, 2009

Wait, don't tell us. We should have government "get out of the way of business," AND we should increase corporate tax breaks to "incentivize" corporations to create jobs. And while we're at it let's give more of the country's taxpayer dollars and more of the country's resources, to the top 1%. Never make tax breaks contingent on creating jobs, never insist on companies paying what the mineral rights, oil rights, spectrum rights, land rights, etc are actually worth. Never allow government to operate any business. Never lend money directly to people at nearly zero percent. Lend it to corporations who will then lend it to people at 5 percent more. Never insure people or insure deposits directly. Let the private sector do it and then have the government "reinsure" it. In other words, never but never but never do anything that helps people directly. Help people ONLY by way of giving more and more to corporations on the idea that if we just give them enough then at some point, gosh darn it, they're just gonna wanna create jobs. Unless, of course, they wanna create those jobs someplace where people work a whole lot cheaper.

Bob of 10:10PM January 12, 2009

you two are exactly the kind of idiots that voted for obama. You wanted him...you got him.

of VA 9:10PM January 09, 2009

the war is stupid and we need obama to stor it fast or things will get bad.

Chrissy of NC 8:44PM January 09, 2009

Eight years of Bush has ruined this country in many ways...including economically. I have 100% faith in Obama...if he can not change this country...no one can.

Obama is #1 of KS 8:31PM January 09, 2009

We're not in recession, but in profligacy induced poverty brought about by astronomical government spending, massive public and private debt, gambling on tax breaks, unnecessary wars, $7 trillion in trade deficits, coddling 30 million illegal aliens, and so forth.
Get-rich-quick schemes like a $1 trillion "stimulus" (printing) are seductive, but the answer to profligacy is cutting waste, living within your means, and creating wealth (wealth, not consumption or GDP).

Luther of IL 4:13PM January 09, 2009