[QUOTE=Mirvoina;865996]Here are some things for which I think we should thank Obama. The list comes from The Daily Dish (I added the last item).
Yes! He said that but as I remember the previous administration also took that action.
Personally I believe that this only equates to the '70s. Spending was the solution in the '30s. Extended that recession out for ten years. I don't want to see that again. Most of the growth reported has come from only one sector of the economy -Government.
Taking over is not the best way to "save" anything. In fact GM is using money "borrowed" from the Government to repay previous money "borrowed" from the Government. Not much to suggest they are improving in that.
Most of the "stimulus has yet to be spent! So I'd say it is not much of an effect. A large part of that infrastructure is something the Feds put in place and shifted the upkeep to the states. My state has a tax that is directly for maintaining the transportation infrastructure. The Governor keeps taking that money into the general fund to cover his and the state legislature overspending. Feds aren't any better.
Pouring money into green industry is kind of interesting as there really is no green industry yet. This is still being developed. Is ineffectual. No amount of Government money is really going to due what the Government claims!
It is not the Governments responsibility to pay for the day to day costs of the citizens.
A lot of the impetus behind this statement is based on assumptions. There is a significant amount of regulation already levied on the financial industries. As for Wall Street, why do you think the SEC is in existence?
Unsure of this! but many still accuse China of trying to manipulate world currencies to their benefit.
No real comment, except as a former member of the service we did not much care. As long as a person did their job. I was even hit on while in service so don't try to hard to challenge me on this one.
You really think that the US foreign policy should not consider how such policy affects the interests and safety of this country?? Some might say that Clinton's knees jerked more reflexively, and often, than most Presidents. Others might say the current President is engaging in appeasement than policy building.
Ain't gonna happen! Unless you already pay no taxes. But even that will be an illusion. Every product in the country will increase due to all the taxes being levied on business