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Pignanelli & Webb: Is Obama making the grade so far?
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However, Mr. Obama gets an "A" in Political Science and and "A" in Psychology. He has absolute command of the political process and a svengali-like control over the mindless minions that believe in "hope" and "change" instead of practical reality.
Hmmm, sounds like a Socialist to me.
@Marky, good points all. Sound reasoning also. Thanks.
Just curious
And yes, Marky, thumbs up.
I mean anything reasonable that he'd do would be going to the left of what's been done. Putting regulations on business is not bringing socialism but undoing the deregulation that got us in this mess. Increasing taxes is just taking us back to a more responsible government before all the tax cuts failed. Increased government spending is to make up the gap that was supposed to be filled with the tax cuts but somehow got poured into corporate bank accounts and executive bonuses.
So I don't really care what a couple of newspaper men say who have agenda's to push. I think Obama's doing what needs to be done and I support him. It's going to take time to get our country back on track and to reestablish itself as the world leader.
Deregulation was not a root cause of the mess; it only enabled toxic assets to mix more freely with other assets.
But let's be honest about what made those assets toxic in the first place: government policies that encouraged home loans for people who couldn't pay them back. Government was pushing "affordable housing" in denial of common sense. It didn't turn out to be very affordable for anyone.
"Increasing taxes is just taking us back to a more responsible government...."
You admit, then, that it's irresponsible for the government to spend more than it takes in? Obama has put that farther out of reach in his first 120 days than the combination of all presidents who served before him.
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