posted on Mar, 7 2009 @ 08:46 AM
Originally posted by weedwhacker
reply to post by Walkswithfish
Again....please remind me WHO got us into the current dilemma???
Do you need to blame one person for this mess?
If you want to blame Bush for it that is fine with me, but it would be both wrong and ignorant to place blame on solely Bush for this 'current
Looking back now and placing blame on anyone is counterproductive.
Now, regardless of how we got here, we are there!
That said, the economic crisis which is likely going to leed to collapse, has already cost millions of Americans to lose jobs and so damaged the
private sector that it may take several decades of recovery if recovery is even possible at this point.
The problem with the new Administration is that their recovery plan spends trillions on government and does little or nothing to help the people.
It should not take an economist to explain how that is a recipe for failure. MILLIONS of people are out of work, thousands of businesses shut down...
Without them there is much LESS revenues from taxpayers and it is getting worse by the minute. State and federal governments are already having to
pass emergency legislation just to keep operating.
There is no stimulus in the stimulus plan.
This president and congress plan to spend more money than all of the previous presidents combined. The majority spent on government!
The focus of any recovery plan should have been on stimulating the private sector, without recovery in the private sector things WILL go from bad to
This new president may not carry any blame for this crisis, but he will be blamed for pushing and signing the wrong plan, a plan that is likely only
going to make things worse.