Give Obama a chance to make good on at least 1 promise.

Originally posted by nixie_nox

While yes, we are in insane debt, as many like to point out, he is following many bush doctorines, many, but not all.

Obama promised a change from Buch policy, not a small few.

If Bush had kept with the same spending, lets not forget the first bailout was his, would there be as much criticism from the right, do you think? Or since it was GW it is ok?

No, of course not. Bush made a big mistake and now Obama is following Bush's lead. This goes directly against his promise of 'change'.

I really don't think Congress and BO would no have the forethought to recoup that money somehow. (yes, I know this could greatly be debated.:lol

But I do think that they do have some forthought to recoup the money.

What makes you think this? No plan has been put forward to correct this problem.

Not just through taxes, but by reductions in spending, and the companies paying interest, and by bringing up the economy to former levels, you start having the tax revenue again.

If the economy tanks tax revenue will plummet. Also, no reductions in spending have been suggested by Obama's plan. This is a huge problem- this will mean pain for us all.

- Boat



[edit on 30-3-2009 by Boatphone]

[edit on 30-3-2009 by Boatphone]