I agree what Biden said has an element of truth. If the answers were obvious then anyone could be President. The real issue is not with what he said, but that he said it.
Funny thing about the stimulus effort is it really is exactly what the Bush administration was doing - out of control spending. If government spending would ignite the economy then the economy should have been blazing like a super nova under Bush. My fear is there will be a brief improvement, but at the end of the two years, without continued spending by the government, we'll be right back where we are today but with a much larger deficit than before. One example; from last night's speech, Obama was talking about a SC school that was extremely old and how it's time these kids are taught in a modern school. Well, fine.. they SHOULD be in a modern school, and if their quality of education improves in the process, that's great. But HOW does this stimulate the economy? Oh sure, it's a construction job so for the time being it creates jobs. But once the school is done those jobs are gone. The money has been spent and from an economic perspective we are not at all improved. A stimulus program has got to be able to kick start processes that can then become self-sustaining. Government spending on road and bridge construction, schools, etc., is not self-sustaining. When the money runs out the jobs are gone. That's my concern with this stimulus plan - they are proposing to spend money where they feel it would be good to spend money rather than spending money on things that will create sustainable employment and growth. On Feb 10, 10:48 am, wncs <[email protected]> wrote: > Sadly, what Biden said may have some truth in it, although I question > his putting an exact numeric percentage on the chance of failure. I > think what he's saying is that no one has a crystal ball; no one knows > with 100% certainty that the stimulus efforts will be that silver > bullet we're looking for. But the point is, the Obama administration > is doing *something*, and it is the best chance our economy has right > now. > I agree with your final paragraph though. > > On Feb 10, 10:29 am, frankg <[email protected]> wrote: > > > > > Biden: "If we do everything right, if we do it with absolute > > certainty, if we stand up there and we really make the tough > > decisions, there's still a 30 percent chance we're going to get it > > wrong." > > Obama: "You know, I don't remember exactly what Joe was referring to, > > not surprisingly." > > > I think it was a fair question to ask Obama, even though Biden made > > the comment, because it pertains to Obama's administration and the > > expected performance of it according to Biden. Perhaps it wasn't > > throwing him under a bus in the clinical sense, but damn... Obama had > > to be pissed he had to respond to this. And to think the Democrats > > were making fun of Palin as VP choice. > > > After 8 years of listening to Bush stumble his way thru speeches, it > > really is a pleasure to listen to someone as articulate as Obama. I > > just hope he doesn't have to spend an inordinate amount of time having > > to cover up for stupid Biden comments. > > > On Feb 10, 9:57 am, wncs <[email protected]> wrote: > > > > Perhaps the reporter should have asked Joe Biden what he meant when he > > > spoke those words. I think that most people don't want to answer for > > > the words of another, but I don't see how you call that throwing > > > someone under the bus. > > > > On Feb 10, 9:18 am, Philobealo <[email protected]> wrote: > > > > >http://blogs.telegraph.co.uk/toby_harnden/blog/2009/02/10/barack_obam...quoted > > > > text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
