I do not want to say anything about the domestic political issues as there seems to be a clear divide. However, on the economy I think Obama is spot on. He wants huge Governmental spending as that is the only known remedy for a recession on a sxcale as grand as this.
Keep in mind he is doing exactly that which Bush was criticized for. People do not want massive spending of money we do not have. This is not the only remedy. Sometimes you have to fall and hurt yourself a bit to get up stronger next time, cushioning every fall will only lead to making thesame mistakes again.
Secondly, I think many are not giving enough credit to Obama for identifying the problem-lack of regulation-and his crusade for a world finacial reorganisation.
What credit? We all knew what the problem was and the Gov't was the one who caused it. As you weretold before that you ignored or missed it was massive regulation that screwed things up, not lack of it. Fannie May and Freddie Mack were the catalyst for all this and they were Gov't controlled. Can't get more regulated than that.
His attack on Tax hacvens may not be of very graet significance to US citizens, but every corrupt third world politician has billions stached away in tax havens and in Swiss accounts. I think Obam is reight in going ater tax havens.
This I don't mind. People should be able to do what they want with their moneybut they should also pay their taxes and not hide their money to avoid it although I can perfectly understand why. I guessI am a bit divided on this issue.
His attemt to put main street America back in the game by giving tax breaks and college tution grants is extremely creditable.
You can't spend and give tax breaks at the same time. That is something Democrats decried for 8 years. now it's OK for Obama to do it? What will he do, take more taxes from the rich? This is ludicris, you can't not take money from one group and take much more from another. And here I thought we were suppose to be a fair Nation.