Posts Tagged ‘Economic Stimulus’
» posted on Monday, December 7th, 2009 at 12:50 pm by Damien Baldino
I thought we didn’t need another stimulus
Maybe I’m wrong, but I thought the economic stimulus bill signed by Barack Obama was sufficient. Months after it passed, it received criticism from many conservatives as the unemployment rate rose. The Obama Administration and other liberals stated that this criticism was incorrect, since much of the money hadn’t been spent. We were assured by these liberals that the stimulus was indeed successful, and may have rescued us from the brink of depression. What has changed?
Despite the alleged success of the first $787 billion stimulus, we might be looking at yet another round of excessive government spending. This plan would be financed by TARP money that is being paid back by banks and a new financial transactions tax which could raise $150 billion per year. » read more
post a comment | filed under Uncategorized | tags: Economic Stimulus, Financial Transactions, Nancy Pelosi
» posted on Friday, November 13th, 2009 at 7:23 pm by Damien Baldino
George Bush talks a good game, but isn’t a true fiscal conservative
Since leaving office, former President George W. Bush has been quiet. Recently, he broke his silence and discussed the role of government, and how excessive government interference can be a threat to freedom. The President made many good points. It’s too bad he isn’t credible.
One of the major problems with the Obama administration can be summed up by this Bush quote:
“the role of government is not to create wealth, but to create the conditions that allow entrepreneurs and innovators to thrive.”
I couldn’t agree more. Government should take care of the basics, then get out of the way. Some will succeed and some will fail, but it isn’t the government’s job to pick winners and losers, only to make sure the playing field is level. From listening to Barack Obama and following his actions, he thinks government is the solution to all our problems. George Bush seems to say the right things, but let’s not forget that he’s the one who helped open the flood gates. » read more
post a comment | filed under Politics | tags: AIG, Barack Obama, Economic Stimulus, George Bush, TARP
