The Obama Economy

[VRM]

Originally Posted by cobra de capell

____
This is the reality. Get used to it. I voted for McCain.

Good articles - thanks for posting them.

While I agree that Obama is doing a lousy job with this how would McCain have done better? After all - his campaign financial adviser was one of the guys who got us into this mess.

Big (like $4-5K) tax cuts for the middle class are about the only thing I see getting us out of this quicker than just waiting it out.

[cobra de capell]

Originally Posted by VRM

Good articles - thanks for posting them.

While I agree that Obama is doing a lousy job with this how would McCain have done better? After all - his campaign financial adviser was one of the guys who got us into this mess.

Big (like $4-5K) tax cuts for the middle class are about the only thing I see getting us out of this quicker than just waiting it out.

I'm with you on the tax cuts - also, business tax cuts for a year or so - no capital gains tax for two years. In addition, allow all non-financial institution entities that are in trouble to go bankrupt (GM, etc)

Although it's true that McCain may not have done much better - McCain's policies and statements more than likely would not have done the damage that Obama has done and is doing.

What's happening at the White House level is clearly summed up within this statement..........

“You never want a serious crisis to go to waste,” said Chief of Staff Rahm Emanuel. “This crisis provides the opportunity for us to do things that you could not do before.”

It's those "things" that are compounding the problems within the economy.