The Road to Recovery

2/17/2010
bobknight33says...

What a bunch of crap. I'm not saying Bush did a great job. He didn't. But to imply things are looking better as this video shows is such a load. Look around . Look at all the newly vacant store fronts and 1/2 full car lots. It was never like this. Things are not getting better. You can't buy as much for you dollar and you are more careful of you purchasing choice.

Nithernsays...

Rather slick ad. I've seen ads like this, but mostly from conservative groups with an obvious slant and bias. This ad simply is showing what can be found out of the Goverment Account Office (GAO). It seems the liberals have been hard at work, while conservatives were to busy being children. But then, the last democrat in the office of the President, also did alot of good on the domestic front too. The various bills initially were unpopular, but indeed saved things from going REALLY south on the economy. Better a recession then a depression. Right?

Its honestly a shame, to many Americans (ironically among conservatives) do not understand economics on a macro level. We can sit around, and belly ache at how the Republican party landed us in so much debt due to wars and simply foolish handingly of federal assets and expenses. Or we could work with democrats to get the budget and deficit down. Republicans claim 'fiscal conservative', while the President and members of Congress are for 'fiscal responsibility'. Mr. Obama has a good, solid frame work that just needs fleshed out. Its rather disappointing Republicans behave rather immaturely on such an important issue.

GeeSussFreeKsays...

"solid frame work that just needs fleshed out." You mean spending more than bush did in 8 terms in his first year? Anyone who has credit card debt knows the debt monster than presidents have been writing for years. Soon, the house of cards is coming down...the exponential spending that obama is doing hastens the day.

spawnflaggersays...

I had an idea for economic recovery :

national 50/50
It would be run by the state lottery commissions, except be a multi-state endeavor, like the PowerBall or MegaMillions. (hopefully every state would get on board)
50% of the face value ($1) of all tickets sold would go to the winner, and the other 50% would go to paying down the national debt.
And since there is always 1 winner, you could do it less frequently, maybe once per month.
Here's the kicker though - since it's on a national level, the winnings would be federal tax free (otherwise it would be more like a 25/75 instead of a 50/50). It could be counted as income for state and local taxes though.

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