Cap and Trade vote on Friday

[Antitrust32]

Originally Posted by dalakhani

Fair question. Some of the spending he really has no choice on and neither did Bush in the latter stages. I never criticized Bush for his spending in the latter months...only the stuff for the first seven years while he sat on his hands and let the credit crunch ferment. Obama has to attack our economic issues and the great depression showed that hoarding money and balancing the budget is NOT the thing to do during a deep recession. Credit freezes require liquidity and the govenment needs to provide said liquidity when the market can't unlock on its own. All of these wanna be "true capitalists" were crying to mama fed not too long ago. True capitalism relies on markets to "take care of themselves" and this last crisis proved once again that that cant happen. I am a capitalist to the core but I do appreciate the need for regulation and at times assistance from the federal government.

Now is tackling health care the best idea for the times? I think that he is biting off more than he can chew right now and i think regardless of the future impact of rising health care costs (i agree it is a serious concern) now is not the time. Our sole focus should be on stablizing the economy and defending the country and i dont think debt should be a concern in dealing with either right now.

thanks for the honest answer. I think health care needs to be reformed. I dont think a public option plan is the best way, but hey, the costs are absolutely ridiculous and insurance companies are the bad guys along with the malpractice lawyers IMO. What really really really bothers me is Obama's deadlines on this. Time and time again he talks about this august deadline and how people who dont agree with this are only doing it for political reasons. If our dumbass congress is going to reform our entire health care system... it should be debated on and talked about for as long as they need... not forced into action before its ready. And its really a shame that we have to count on people (congress) who time and time again prove themselves to be useless and wrong and motivated by the wrong reasons.

I think Obama needs to sit on his hands for a minute and slow down the pace he's going at. Trying to do so much at once is a sure recipe for failure.

Also, the debt that he was going to cut in half.. may not be what you're concerned about now, but it may be the thing that haunts this country the most in the future.