"It is true that we cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe." - President-Elect Barack Obama, January 8, 2009
Only government? Are we that hopeless that all our fortunes and futures depend on Washington, DC for any chance of survival? Isn't this thinking a little like the "Self-Help" section of the bookstore? You know, the books all about how self can get self out of the problems that self has caused? Or like the parents who catch their kid smoking, so as punishment they make him smoke a whole pack of cigarettes only to discover that he is now addicted to tobacco? And did the $700,000,000,000 worth of bailout that was approved by this government (Republicans and Democrats) officially not work, so now we think that $1,000,000,000,000 worth of bailout will? And we're just going to pass these deficits on to our kids? And what if this doesn't work, will we give out $2 trillion? Are we comfortable with lifelong politicians in Washington deciding what is best for everyone? Aren't JFK (a Democrat) and Ronald Reagan (a Republican) spinning in their graves if they are able to? Happy New Year?
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2 comments:
With government dolling out more and more money, more of the public (voters)becomes economic slaves to those politicians providing the money, thus preserving the office of those elected officials handing out the money until there aren't enough people left that will work and support the contry.
Obama will leave the debt to our children and grandchildren to pay, but he will not allow them to keep their parents money as he reinstitues a 45% estate (death) tax and raises the income tax rates for all workers.
Hopefully, we'll survice 4 years.
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