Quote:
Originally Posted by spudcon
(Post 557971)
I attended three tea parties, and did not see all the negatives you guys are bitching about. It is about left and right abuses, and destroying our currency by printing trillions that we will never be able to pay back. When the rest of the world gets fed up, and dumps dollars, all the stimulus pork bills won't amount to 35 cents. And Hoover didn't solve the depression, neither did Roosevelt. WWII ended the depression. Raising taxes on business when we are in recession makes no sense whatsoever. If business spent like government, they'd be out of business. Oh wait, General Motors, Fannie Mae et al did spend like government, and now they get us to pay for their excesses. People making $80 an hour to make cars for people who make $15 an hour doesn't work. Queen Pelosi needing a 757 to go back and forth to California 2 or three times a week while we're in a financial crisis doesn't work either. All the tea parties are saying is, WE CAN'T AFFORD YOUR EXTRAVAGANCE! CUT GOVERNMENT SPENDING AND PORK!
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My god, here it is again, blame the workers for all the bad decisions made at the top by the fucking CEOs and executives. If you took all the union workers and added up their pay, it would be less than what the executives at the top made. And ftr,
they weren't making $80/hour. They were making only a few dollars more per hour than workers at Toyota. The difference is, Toyota doesn't have the health care costs and other costs that are added in when quoting the pay scale at American car companies.
http://blogs.payscale.com/ask_dr_sal...3-an-hour.html
Most economists believe the reason
why it took the war to really end the depression is the fact that Hoover
did nothing but cut taxes, and that is exactly what the republicans want to do now, cut taxes and let the market take care of itself. In the case of Hoover, it meant the depression just kept sliding downward. The things Roosevelt did
were making the economy better, but because they were done so late in the game, it took a long time for things to work. And, why do you think the war ended the depression? It's because there were JOBS.
The stimulus is
investing in things that need to be done anyway. The budget is
investing in things that need to be done anyway. Yes, it costs money now, but down the road, the money will pay for itself. The banks were
leant money, and hopefully it will all be paid back over time, at something like 8% interest. And let's set the record straight here, a LOT of that money went out under Bush, NOT Obama.
That does not mean I agree with everything Obama is doing, because I don't. Personally, I think he should told GM they had to make electric cars, and compressed air cars, and hybrids. No more low milage cars that run solely on gas. I would have liked to see more money going to create jobs by building/fixing more infrastructure. But I do believe he is doing what he believes is in the best interests of the country, and he is a pretty smart guy. I am willing to give him a chance.
