Good article and I might add that I was equally dismayed with both of there efforts as well. Government is the problem and not the solution! This could be the end of the USA as we have known it. We are headed into unchartered waters with the amount of debt that we are in. Whatever happened to all those people who were so concerned about the national debt during the Clinton years? They seem to be singing a different tune these days! What has changed so much since then?
A Trillion for economic stimulus . . . a Trillion squandered in Iraq . . . a Trillion and a half for the Bank and Mortgage bailouts . . . a Trillion for the Medicare Prescription Drug Plan and "No Child Left Behind". Pretty soon you are talking about real money. Obama has a ways to catch up, but spending $Trillions that we don't have has been going on for some time now.
Yes, I have been against all of this from the start except for Iraq. But, I did change my mind on that right around the time Saddam met his maker. Hmm... Bush did it so that means its ok for Obama to do it? If that is the case I'll just say WOW and leave it at that!
A good start would to refrain from throwing billions more at a problem that wasn't solved by throwing billions at it 6 months ago. (I didn't agree with the billions thrown at it 6 months ago either)
There have been plenty of alternatives offered ranging from heavy tax credits for buying cars and houses to credits for hiring net new employees.
Those are the same misguided policies of the last eight years that got us into this mess. You can't be serious.
I think he is serious and he is sticking with those failed principals. Hiring employees, what are you going to pay them, no industry is in that much of a demand right now to allow for massive hirings, tax credits aren't incentive enough because alot of major industries are in the red right now.