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Posted by: tchef 5 months, 3 weeks ago
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tchef5 months, 3 weeks ago
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I love how these guys think that Obama should be able to wave a magic wand and make all our economic trouble go away. What would McCain have done? As far as where we are with the economy I don't think we would have been any better off. I love the idea that tax cuts are going to make an immediate difference. If you don't have a job what good is a tax cut going to do you? And I received a tax cut and it didn't amount to enough to make any difference in my spending.
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chevydog5 months, 3 weeks ago
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Interesting point. I really don't think we'd be anywhere any different with McC; except we probably wouldn't have the "thank you for existing" stimulus package. I don't really think that govt is incompetent, as some seem to; but govt is not as fast as the economy. As with several other stimulus bills over the years, the money is arriving to an economy considerably different than it was when the stimulus was conceived. And there's always the question whether to "attach strings or not". Nothing new there-- local officials will always prefer the "not' and the Feds like the conditions. It's been an issue since the Feds started giving local/state assistance. One could substitute a collection of names from the 1960's and 1970's and the stories would be the same.
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IMHO the govt is most able to influence and be effective when it deals with long term stuff. Asking it to do day to day is kind of like asking an elephant to do ballet.
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