Any regrets, worries?
 

Now that we see the direction Obama is taking us, (you know spend a trillion dollars on a stimulas bill and then kill any chance it has of stimulating anything with his proposed budget) are there any Obama voters out there that are starting to realize that this has the potential to be the biggest mistake this country has ever seen?

and the choice was?

Caribou Barbie?

Democrats will want to rush all of this into law this year while Mr. Obama retains his honeymoon aura and they can blame the recession on George W. Bush. But Americans are only beginning to understand the magnitude of Mr. Obama's ambitions, and how much of their own income will be required to fulfill them. Republicans have an obligation to insist on a long and considerable debate on all of this, lest Americans discover in a year or two that they live in a very different country.

Good editorial - Paid for By the People - Yours truly Barack
http://online.wsj.com/article/SB1235...le_wsj_gadgv1&

I thought Bush was the biggest mistake this country has ever seen?

Don't know anyone who thinks we can cost cut or tax cut our way out of this recession. The spending may be very high, but there's only so much hurt it can cause over the next two years, and if things are going poorly the Dems will loose control of the Congress.

I'm personally less concerned with the short-term deficit as I am fixing the bigger issues of health care over the next few decades. While I'm not for a single payer system I have zero confidence the Republicans can address this issue.

Then again, Obama's policy might also just work.

-spence

Given the lack of GOP counter proposals
Well sticking your head in the sand is a good one or maybe just

I don't see us having any other choices at the moment.

That's not an answer. We had alot of choices to start

One thing I am positive about Spence is that this is in no way going to be a "short term deficit"

Deficits only last for a fiscal year, assuming you're not creating new entitlements (like Bush's massive drug entitlement for seniors).

A Republican controlled congress can block funding for Obama's proposals that are being passed today, and if the Dems go way overboard they will not retain control of congress for long.

I think the initial spending proposals are very high, but Obama gets his shot to make things work his way. His plan does intend to bring the deficit down which is feasible assuming the recession doesn't drag on longer than anticipated.

Also very important is that Obama's plan for Iraq, a huge source of taxpayer bleeding, is being received perhaps better by the Right than the Left.

-spence

Obama's plan

RIP to middle class Americans
:nailem:

We had nothing but poor choices so you pick your poison! Its like someone telling you you have to pick one of the 5 guns on the table...they are all loaded and will blow your brains out....but those are your choices!:nailem:

I can see the GOP has alot of alternative options on the table

The spending that they have now commited to is for several years, so it is a multi year deficit. His projections of growth 4.9% are twice what the most optimistic economist are projecting. The budget is a smoke and mirrors plan that spends more then has ever been spent.

Bottom line on a 1 to 10 scale, how optimistic are you that we are doing the right things for America. I'm an optimistic 3

That's not an answer either. Come on, fess up.:lurk:

I gues we have no other choices, just critics.

The plan is optimistic in it's outlook. I am at 5.

And the end of the traditional American's dream that our children will have a better life than we had. :(

Nope. Not at all.

People are welcome to complain about his "spending." My position is that his spending is no worse than the nitwit that just left office - quite likely, significantly more responsible. The only difference is that he's open with the motivations behind all his spending choices.

Here is a glimpse of the US Budget Deficit through the last 5 Presidents. Seems quite easy to tell who the real "big spenders" are that choose to "end the American Dream."

http://img408.imageshack.us/img408/4...torsurplus.gif

Well, just because Bush did it doesn't make it right, but I don't think anyone expected Obama to tighten the belt if elected.

All things considered, Obama's first year bender looks to be less than Bush when you take into account the Medicade entitlement, 2 trillion dollar Iraq war and extra tax cuts that even John McCain said we couldn't afford.

In a nutshell, I think the National Debt is a big issue (Medicare being a bigger one)...but this is pretty much a non-partisan issue. The notion that Republicans are more fiscally conservative is a myth.

-spence

JD, that is from 06, where would Obama's first 5 weeks be on that chart?

No where, because technically, the current national debt won't be directly effected by his plan for another few months.

justplugit, I'll give you this, if in 4 years the national debt is not better than Bush did in his last term ($-260 Billion), then I owe you a steak.

I plan on still being active here and if Obama does not do better, I expect you to hold me to my word (because I'll definitely forget).

LOL with me pushing 70, i'll have a better chance of forgetting then you. :hihi:

It will be interesting to see what the first quarter will show.