Any regrets, worries?

[buckman]

Originally Posted by spence

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

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

[spence]

Originally Posted by buckman

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

[Raider Ronnie]

Obama's plan

RIP to middle class Americans

[BigFish]

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!

[justplugit]

Originally Posted by Raider Ronnie

Obama's plan

RIP to middle class Americans

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