Obama made a boo-boo, but don't get wee wee about it!

Nice video.

To be fair, in my area there has been an influx of about a 1000 more jobs so far with 2000 more expected. Unfortunately, they are all only 3 year temporary contracts (as required by the stimulus) and few of those 3000 are expected to get a permanent job offer after their contracts are over.

I've continually read about the mixed results the stimulus has gotten.

These deficits are mind-boggling and depressing.

Grizzly said:

These deficits are mind-boggling and depressing.

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yes...I wonder what's going to happen when China decides it can't fund our lifestyles anymore...

Let's face it, we cannot and should not put our faith in our finances in politicians. The spending is outrageous! I'm so tired of the poor decision makin' this administration is demonstrating and in such a short period of time. Like it says at the amusement park "Please hold on to the bar" - cause with this president, we're in for a very bumpy ride! I'm just so worried the depths of damage that this president can cause before his 4 years are up! Good grief!

We all need to develop our faith and confidence in God almight that He and He alone will provide - if you're bankin' on anything else, you're gonna be disappointed.

Folks... this mess is not Obama's FAULT. This is a situation he has had to deal with. Whether you agree with his methods to solve is it one story. He was aware of this way back 7 months ago when he said that it was not going to be easy. Do you remember when he said that?
So in essence, we can hope that whoever has control from the markets [space monkeys I think] sees fit to give us a break.

This thread is amusing.

The seeds for all this were sown long before Obama took office.

It was Richard Nixon (R) who first took us off the gold standard, thereby paving the way for much of the deficits and fiscal chicanery from the mid-Seventies through the present day.

It was the free-traders (mostly Republican) who thought that America could make nothing, buy everything from China and Japan, and still have a strong economy and be #1.

It was Clinton who failed to take advantage of the strong economy to get a Constitutional amendment or other ironclad means of enforcing fiscal discipline while the financial sun was shining, as well as to begin more robust R&D into some of the problems facing industrial civilization. $50 billion a year or so invested into perfecting thermonuclear fusion, high-efficiency solar power, cheap desalination and fighting infectious disease beginning in the early Nineties would be paying some major dividends today.

Both parties were derelict in their duties to regulate financial markets and ensure honesty and integrity in the housing market.

This is not Obama's fault, though I'm not impressed with his response. We as a nation have made some very poor policy choices over the past four decades, and the bill is coming due. And folks, I'm here to tell you, it's a whopper. Even if oil stayed at $40 a barrel (it won't), and we had good policy from Washington (we don't) the financial crisis would take about three to four years to finish unwinding.

As a nation, we simply have to consume less and save more. The one bright spot in all of this is that the population is showing some preliminary signs of "getting it" and reducing its spending and saving more. Over the short term, this will actually slow the recovery, but over the long run, these behavioral changes are essential.

rambot said:

Folks... this mess is not Obama's FAULT. This is a situation he has had to deal with. Whether you agree with his methods to solve is it one story. He was aware of this way back 7 months ago when he said that it was not going to be easy. Do you remember when he said that?
So in essence, we can hope that whoever has control from the markets [space monkeys I think] sees fit to give us a break.

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Blaming it on another party or administration isn't the resolution. Regardless of who's in office, one day all these "programs" we can't afford are going to come crashing down onto our hard heads if we don't get some people in office who have a clue.

So to be party neutral:

Republicans need to invest in this nation and not others regardless of what's most beneficial to business.
Democrats need to stop expanding government programs and powers when we don't have the money to do it.

Drod,

That's way too sane.

revanneosl said:

Drod,

That's way too sane.

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