Obama: This isn't your 'run-of-the-mill recession'

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Reba said:
Because spending was not kept under control at the same time.

Obama's package is full of more spending, just like "the past 8 years."
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And on whose watch did this happen? Personally, I hope that he succeeds. I don't think doing what we were doing the last 8 years will work now given the housing disaster and the credit crunch. If the news that I've been watching is any example, I think both the private and public infrastructure needs to be rebuilt. This isn't just another recession.
 
Oceanbreeze said:
I think 10 years is a reasonable prediction considering he's having to fix alot. I would say I agree completely with everything you've said.

:gpost:
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hmm id hazard a guess that it would take longer than that, id say 15 even 20 years.... especially because of the intent to greenise the motor transport industry....that arent gonna change in 10 years, is it like 10 years is a 'snap' compare to a throughout job..... and it arent gonna take a snappy job to overhual the way america relies on fossil-fuelled autos
 
Reba said:
http://demint.senate.gov/public/_files/2009-02-02_DeMint_Jobs_Plan_Summary.pdf
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That's great views about economy from DeMint, I wish that he could run for president but oh well, I'm start to get more conservative on economy.

I'm expressed my concern about Obama's package but rather to see after 1 year if it does success, if it doesn't start success in 1 year then democrats are on risk to lose their seat in congress and Obama would probably try to find other idea but would take while for economy to be normal like same level as 2003, also I do concern about real estate investment because house price has been skyrocket in after 2003 until 2006 due mortgage subprime, I don't want other subprime again anymore.
 
Foxrac said:
That's great views about economy from DeMint, I wish that he could run for president but oh well, I'm start to get more conservative on economy.

I'm expressed my concern about Obama's package but rather to see after 1 year if it does success, if it doesn't start success in 1 year then democrats are on risk to lose their seat in congress and Obama would probably try to find other idea but would take while for economy to be normal like same level as 2003, also I do concern about real estate investment because house price has been skyrocket in after 2003 until 2006 due mortgage subprime, I don't want other subprime again anymore.
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DeMint for President? HELL NO. Why not Secretary of Commerce?
 
Jiro said:
DeMint for President? HELL NO. Why not Secretary of Commerce?
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Obama wouldn't want him, only republican president would want him.

I was just expressed my wish but nothing is serious.
 
Foxrac said:
Obama wouldn't want him, only republican president would want him.

I was just expressed my wish but nothing is serious.
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well Obama has always talk about bipartisan and diversity so he's certainly not going to hire "Democrat-only" politician.
 
Jiro said:
well Obama has always talk about bipartisan and diversity so he's certainly not going to hire "Democrat-only" politician.
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Okay, just like I said about wait and see about his package is really work or not.

If doesn't then too much waste on spending and Obama need find other idea.
 
Foxrac said:
Okay, just like I said about wait and see about his package is really work or not.

If doesn't then too much waste on spending and Obama need find other idea.
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yep I understand but it's not really a simple matter of "let's wait and see...." because if it doesn't work - we're REALLY REALLY REALLY screwed!!! :Ohno:
 
Jiro said:
yep I understand but it's not really a simple matter of "let's wait and see...." because if it doesn't work - we're REALLY REALLY REALLY screwed!!! :Ohno:
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Yup, it's VERY big time and would affect Obama's 2nd election.
 
Jiro said:
that's it? so that's the best you can come up with for an answer? Interesting... :hmm: then how can you expect Maria to explain her reason? It's too early to "negative" that his plan would fail. I'm concerned for certain people because of their "blind love" for Obama... thinking that he's the Messiah-like answer. He's to be taken with a grain of salt. I don't agree with some of his approaches. For this stimulus package? I don't like it. why? my answer is - why keep throwing money at problems when the original cause of the problem isn't fixed? It's like pouring water at a bucket with a big hole. :(

but hey.... at least Obama put the cap on executive salary... I guess that's the start.
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Obama has done positive for several days since 20th January 2009 than Bush did in 8 years.

The Republicans have no problem spending billions to form of tax cuts, they also have no problems spending trillions on war issues as well but have problem with Obama´s plan? :scratch:
 
Reba said:
I don't want it to pass. It has very little to do with improving the national economy.

Can you show me which specific parts of the "stimulus package" will improve the economy, and how that will happen?
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I´m not an economy expert but all what I want to say is President Obama's stimulus plan is the only hope for America.
 
My sister works 13 hour days in order to pay the mortage on her house. She also has a 16 year old son and a 13 year old daughter. She's trying hard to make ends meet, but worries about what will happen if she loses her job. My sister has been working as a mail carrier for the past 17 years, so if she were suddenly unemployed, she would need to collect unemployment until she is able to return to school for further education.
 
The truth of BO is that he has done nothing, at least nothing positive so far.
A lot of rhetoric but no real positive action. Much like his entire career. I hope he becomes more Presidential at some point.

As far as Rush Limbaugh. Do some research before spouting the "Rush said I hope he fails" stuff. That is not what the man said.

As far as the comaprison of BO and Bush traveling. No contest. A get-away to Camp David is a working get-away. In contrast, Obscene amounts of $$ was spent for BO's Magical Mystery Campaign Rock Tour to Europe, Just last week he flew AirForce One to a Democrat retreat paid for by taxpayers, Just Sunday he and Michelle were playing "Valentine" in Chicago.

Reference the Non-Stimulus Bill. Many only hear the MSM's candy coated BO love-fest stuff.
The truth is that you (no one, not an individual, not a nation) can tax and spend it's way out of a problem. Someone asked about tax cuts, Yes, tax cuts promote growth and creation of jobs.

The Democrats are trying to scare people by promising another "Great Depression" if their agenda isn't passed. Truth is they are creating more problems. Researching the original Depression shows that FDR actually prolnged and deepened the problem thereby creating the "Great Depression", BO wants to do it again.

Sadly we are developing a Socialist/Marxist mentality in the country. Too many people are sitting on their thumbs waiting for their check, hand out, piece of the pie to be given to them. BO is trying to make that a reality.

Just my NSHO
 
While we don't know for certain whether Obama's stimulus package will help America, I at least give him credit that he is taking some steps to address the poor state of the economy. Doing something is better than doing nothing at all.
 
Liebling:-))) said:
I´m not an economy expert but all what I want to say is President Obama's stimulus plan is the only hope for America.
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We're not economy expert either but we explained why it's BAD for us but you keep avoiding our question. you keep saying Obama's stimulus plan is good and even say "the ONLY hope" for America. Why do you think it is good for us?
 
Obama has done nothing positive since being President? What about signing a bill that provides insurance coverage for America's children?
 
Why is it wrong for Obama to create a stimulus package but it isn't wrong for Bush to have done the same thing? Aren't we being hypocritical by criticizing one President, but not the other?
 
Hear Again said:
Why is it wrong for Obama to create a stimulus package but it isn't wrong for Bush to have done the same thing? Aren't we being hypocrital by criticizing one President, but not the other?
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both plans suck as well.
 
Liebling:-))) said:
I´m not an economy expert but all what I want to say is President Obama's stimulus plan is the only hope for America.
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There's more thing to improve the economy than just for stimulus plan only.
 
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