We can't delay, and we can't go back to the same, worn-out ideas that led us here in the first place. In the last few days we've seen proposals arise from some in Congress that you may not have read, but you'd be very familiar with, because you've been hearing them the last ten years -- maybe longer. They're rooted in the idea that tax cuts alone can solve all our problems, that government doesn't have a role to play, that half-measures and tinkering are somehow enough. That we can afford to ignore our most fundamental economic challenges -- the crushing cost of health care, the inadequate state of so many of our schools, our dangerous dependence on foreign oil.
So let me be clear: Those ideas have been tested, and they have failed. They have taken us from surpluses to an annual deficit of over a trillion dollars. And they have brought our economy to a halt. And that's precisely what the election we just had was all about. The American people have rendered their judgment. And now it is time to move forward, not back. Now is the time for action.
B. Hussein Obama
Thursday, February 05, 2009
Let The Big Guy Do The Talking
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6 comments:
Except he lied. These "ideas" have NOT been tested and found wanting.
Which part? Tested or found wanting?
Not tested and not found wanting. Every thing he said there is a lie. It IS because of government interference that we've arrived at this mess. He acts as if it has "been proven wrong" that we don't need giant government. Unfortunately for him, giant government GOT US HERE. We have NOT tested less government, Not at all. Never once. Government has NEVER done anything but grow ever more invasive and bloated.
I think the ideas Obama is referring to specifically are tax breaks as an economic stimulus, and deregulation being good all the time.
... except we have HAD NO DEREGULATION. We are still struggling under stacks of government regulation in EVERY aspect of our lives. Obama knows this. He is ONLY looking for an excuse to institute still more strangling government take overs of our lives.
It is fast coming to a time when anyone working for the government at any level should look over their shoulders for folks with tar and feathers. It was good enough for the founders, it should be good enough for us.
I can't say we've tried de-regulation, especially of the financial industry. I can say this though - the 1920s were a period of PRE-regulation, and that didn't turn out so well. Why you guys have been hell-bent on returning us to THAT state is beyond me.
Financial markets depend on stability to attract investment, and regulation has been a big part of that stability. It's one of the reasons why people would rather invest in US companies than say, Mexico or Iraq.
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