SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (93404)11/3/2008 2:20:28 PM
From: Lane3  Read Replies (1) of 541698
 
I posted it to you because its close to the opposite of an earlier statement you made about the prospect of Obama with strong Democratic majorities.

Yes, I was paying attention.

"And economic crises are also excellent opportunities to expand the powers of government - opportunities that politicians rarely let slip."

Maybe the difference between you and me is that I don't get that exercised about expanding the powers of government unless it's excessive. A little more regulation here and there is not that big a deal to me. Regulation waxes and wanes over time. I'm pretty mellow about it. My big concern is new entitlement programs, which don't wax and wane but grow like Topsy. If we can come out of an Obama administration without single-payer health care and other inherently runaway entitlement programs, I can live with whatever else they do. I think that the financial crisis dramatically reduces the chances of that. Nothing else is a live or die issue.

Re the financial crisis, I think it will immensely valuable to have a calm, steady figure at the helm. One of the biggest problems I had with Bush was the way he intensified people's fears over 9/11 rather than conveying a settling, stiff-upper-lip, "we have nothing to fear by fear itself" message. I think that Obama would be better in a crisis.

So there are trade-offs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News