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NetRunner (Member Profile)

Limbaugh: I hope Obama 'fails'

Farhad2000 says...

I disagree QM,

The thing is tax cuts cannot work in the current economic climate. It's just counter productive for economic growth mostly because tax cuts are not effective when people don't have jobs and we live at a time when lending is being slashed. Consumers are also high in personal debt as a whole, so you have saving and debt repayment going on at the same time. This is a halt of all economic activity. You need an external factor to incite economy activity in economy as a whole. This is why there is a stimulus plan.

I agree that the stimulus plan is less then effective, I don't know that there isn't much overwatch in how exactly the money will be applied. I also think it would have been beneficial to start to defund or merge major governmental bodies that have little to no relevance now, specifically the department of education and energy. There needs to be a serious revaluation of DOD spending as a whole. There are far too many projects that are undertaken as matters of national security that are nothing more then R&D by the defense industry, that are then sold back to the government as private products.

However there is alot of ridiculous opposition to alot of things Obama is doing, and he is under pressure to impose a plan right now then later.

The republicans are effectively shooting themselves in the foot, instead of being involved in the process to reduce the government growth and try minimize cost they are fighting against a scheme to help the American people. It will not win them any favors when they talk of saving American jobs but did not help pass this stimulus. This will only further decline their relevancy to the fringe of the US voter public.

Listening to Rush Limbuagh, apologizing to him only makes Rush representative of the GOP as whole to the US. That is being rude, insulting and completely hypocritical without offering any solutions. Instead of actually regrouping and reforming the GOP they are further sliding into irrelevancy.

Fox News' Daily Show: "The 1/2 Hour News Hour"

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