Quote Originally Posted by Dream of the iris
What Obama is talking about now is increasing the taxes and looking at the budget to see what cut backs need to be made. Right now he's considering international cut backs which is a great idea but he's also looking into the national system and finding out where the most money is being wasted. Increasing taxes while making cut backs that is the least damaging to citizens is the best way to come crashing. So as absurd as a stimulus package may seem its much better than the alternative of letting everything crash while trying to manage raising taxes and decreasing spending. The government is establishing breathing room for themselves.

Kind of sucks being in charge sometimes....
Sorry I can't believe I forgot to comment on this little gem.

Tax increases and budget cuts!!? How about not spending a trillion dollars? Than they even discuss cutting the military budget in the middle of two wars, not to mention the growing tensions with China, N. Korea, and the growing conflicts between Israel and Gaza.

They gave out billions to organizations like ACORN. It pisses me off you have the nerve to talk about cutting spending in the same post you defend spending a trillion dollars.

You want another possible solution. Don't spend trillions and instead simply make spending cuts. Leave the market alone for a while and see if the American people can fix it themselves. We don't need these schmucks meddling in every little problem. We don't need to micromanaged.
JaggedEdge Reviewed by JaggedEdge on . Someone explain how putting our country $800 billion in the hole will help us. Ok, so I am a bit of an economic retard. I don't know much about the economy or finances or all that jazz. What I do know however, is that the value of our currency is directly related to the amount of currency in circulation. I also know that the value of our currency is slipping. From what I have heard, the purpose of Obama's stimulus package is to save the banks and thus the entire economy from collapsing. So now here is my question. Actually it is a series of questions. Where the Rating: 5