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steveatl
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I Disagree With Obama Here

NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday that lawmakers should inject another $50 billion immediately into the sluggish U.S. economy.

The presumptive Democratic presidential nominee cited the largest monthly increase in the unemployment rate in over 20 years, and record highs in oil prices, food prices and foreclosures.

"Such relief can't wait until the next president takes office. ... That's why I've called for another round of fiscal stimulus, an immediate $50 billion to help those who've been hit hardest by this economic downturn," Obama told a crowd in Raleigh, N.C.

He said that he supports the expansion and extension of unemployment benefits, as well as a second round of tax rebate checks



Ok, I agree with the unemployment benefits during this crunch time, but the rebate checks are just bandaid solutions. How is this really going to make any impact when the nation is already in debt? We'll have to pay for these $50 billion checks somehow. If we weren't in this war I could see the justification for this expense, but the war has made any expense like this unwise, in my opinoin.

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6/10/2008, 9:39 am Send Email to steveatl   Send PM to steveatl
 
pepperspaw

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I say bring it on.

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6/10/2008, 9:40 am Send Email to pepperspaw   Send PM to pepperspaw
 
llovejim
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i say couple this with an immediate 18 cent reduction in federal gas taxes, to be made up by tax increases on the big oil companies....wait a minute- is Obama tearing a page out of the Clinton smeary, dirty tacticy, pandering playbook! say it ain't so..........

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6/10/2008, 9:51 am Send Email to llovejim   Send PM to llovejim ICQ
 
ckirmser
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Re: I Disagree With Obama Here

quote:
steveatl wrote:

NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday that lawmakers should inject another $50 billion immediately into the sluggish U.S. economy.

Why, hello, Mr. Inflation.

Come to turn Obama into another Carter?

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6/10/2008, 9:54 am Send Email to ckirmser   Send PM to ckirmser
 
pepperspaw

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Hey.. whatever works!emoticon

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6/10/2008, 9:55 am Send Email to pepperspaw   Send PM to pepperspaw
 
steveatl
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I don't see any relation between Obama and Carter, except that they both seem to be a rare breed of honorable and dignfied politiicans. I just don't agrree with this Hillaryesque proposal he's making. I'm disappointed.

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One House One Spouse Obama 08!!!
6/10/2008, 9:57 am Send Email to steveatl   Send PM to steveatl
 
ckirmser
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quote:
steveatl wrote:

I don't see any relation between Obama and Carter, except that they both seem to be a rare breed of honorable and dignfied politiicans.

 emoticon emoticon emoticon emoticon emoticon

Yeah, "rare," alright.

Like that air you're breathing...

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6/10/2008, 9:59 am Send Email to ckirmser   Send PM to ckirmser
 
pepperspaw

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Steve, I can buy that.... just never hurts for Peppersmaw to get a free check HAHAHAH

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6/10/2008, 10:00 am Send Email to pepperspaw   Send PM to pepperspaw
 
llovejim
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why don't we give it the old republican try and just give the rich a few more capital gains tax cuts and a few more percentage points off the highest marginal taxes? it's worked so well for reagan and bush in the past....

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6/10/2008, 10:08 am Send Email to llovejim   Send PM to llovejim ICQ
 
pepperspaw

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Sure would work for me.....I like the idea.emoticon

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6/10/2008, 10:11 am Send Email to pepperspaw   Send PM to pepperspaw
 


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