banking reform, Congress, economy, George Bush, health care reform, President Obama, taxes
In Current Events, Life, Politics, World on 2 March, 2009 at 10:27 pm
Before President Obama gave his address to Congress, I noted that the nation, and the economy as a whole, was going to respond based on the policy he laid out. The markets have drummed up an answer: it is not looking good. As the president continues to lay out his plans for an economic recovery, banking reform and heath care reform the markets continue to dive. The world is looking to the United States to make the right moves to reassure the markets: a $350 billion tax on business starting in 2011 is not what they were looking for. Serious changes need to be made: blaming George Bush will only take you so far.
Address, Americans, bailouts, Barack Obama, Congress, crisis, democracy, government, mortgage, nationalization, stimulus
In Current Events, Life, Politics on 24 February, 2009 at 12:10 pm
Tonight’s address of Congress will answer a lot of questions we all have about President Barack Obama’s vision for the role of government in not only this crisis, but in everyday lives of Americans in general. Given the passing of a major stimulus bill, the initial workings of further bank bailouts or even temporary nationalization and a mortgage deal, the president sees himself as the catalyst for government intervention.
The president has taken the role of policy leader in this country, which is not necessarily a good thing; how can it be when only 37 percent of Americans approve of the stimulus plan and you still ramrod it through Congress? I know that you may think that we don’t know what is best for the country Mr. President, but perhaps that election ‘mandate’ you assumed doesn’t apply to every single policy idea you have. Do we live in a democracy or not? Just a thought.