Browsing the archives for the President Obama tag.



The Difference a Couple of Years Makes

Economic Policy, Politics, President Obama

I was thinking about the current State of Anger we live in today, as I do on most days. I was thinking about what it is that has made everyone so mad. As is pointed out by me and many others, a large number of Americans aren’t thrilled there is a black man leading the country. But, I do think there is much more to this issue other than race. Racism and bigotry are much more prevalent when cultivated from unfortunate circumstances.

Every time, it seems, that the current recession is and has been discussed it is mentioned that it is the worst since the Great Depression. This point has seemed obvious to me. Also apparent to me has been the need to have the Federal Government do everything possible to improve the lives of Americans. To take care of us!

After reading the latest column from Frank Rich of The Times, I began to think about the country during The Great Depression. Americans sought the greatest efforts possible from the Federal Government at that time. FDR was not thought of as killing the American way. He brought comfort to a very uneasy nation because people knew he was doing everything possible to improve the lives of every American. Difficult economic conditions didn’t mean everyday, freedom-loving, patriotic, and hardworking Americans sought the demonization of the President. So what was the difference between then and now?

The difference was the country was hit by the stock market collapse and the onslaught of the Depression while Republican Herbert Hoover was in office. By the time FDR was elected, the nation was desperate for a savior. Though FDR enacted drastic changes, drastic measures were needed to change to course the country was headed on.

We didn’t get enough of a taste of what could have happened. The economy was headed south at the very end of the Bush administration. Barack Obama was elected and took those (not so) drastic measures to keep the country from from heading into a depression.

The country didn’t get to know despair. To the detriment of the current administration, it may require voters realization that the alternative, Republicans, will not improve their situation. Unfortunately, that will require the most likely failure of a Republican Congress and possibly Republican President.

A savior is not the person who puts the life preserver on you. A savior is the one who pulls you out of the water. The country will need to do a little more drowning before they are ready to truly be saved. Get your bathing suits on people…

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Can you fix a broken nation with a broken record?

Bailout, Barack Obama, Economic Policy, Economic Stimulus, Economy, Election, Infrastructure, National Infrastructure Reinvestment Bank, Obama, Politics, President Obama

Adam

I am going to say that it is probably difficult to fix our current situation with tax cuts.  I know…I know, the crazy liberal wants to raise your taxes and then spend all your hard earned wages. Not exactly.

I have a difficult time grasping the notion that the conservative chorus can only recite the same tune we have heard during a very recent 8 year administration.

“The only way to stimulate the economy is with lower taxes and tax incentives.”

Everyone is skittish now. Consumers, producers, and lenders. The argument that tax incentives will create job growth does not work.  Lets take a look at a couple of scenarios.

-  We create an incentive where an employer gets tax breaks for hiring new employees. (Currently part of the Obama plan, but really done for the purpose of appeasement)

So, under this theory, a company will hire a new employee for the purposes of expanding production of a good that a consumer is buying less of. Does not really work out in my mind.

- We lower taxes…

Well, with all of that extra money from lower taxes, companies will be able to expand production. Okay, so they expand production after borrowing to purchase what is necessary for the increase in productivity. They have to borrow because lower taxes do not mean available cash. This also seems to be a difficult challenge due to the well publicized reluctance of banks to give our money.

So why is it that the party that got a strong message from the American public this past election is grasping hold to its oldest idea?

I would like this cartoon to be an exaggeration, but right now it doesn’t seem to be.

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The Digital Administration

Barack Obama, Obama, Politics, President Obama

www.change.gov

What are your thoughts on having a new administration keeping the public informed at a level like this?

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