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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (451834)1/28/2009 12:19:38 PM
From: michael97123  Read Replies (1) of 1575410
 
I am talking cures here. I dont mean to say we should suddenly return to high taxes or other stuff that kills investment. What i am saying is the housing collapse caused credit collapse caused stock market collapse and now jobs collapse. Nothing will get sold if there is a buyers strike underway. So we need to get people working, markets rising, housing stablilized and banks solvent. Obama plan, though imperfect my necessity, will work to some extent to reverse this falling knife. You may not see it but GOP looks like obstructionists to the average american. Their only plan seems to be more bush tax cuts for what is seen as the wealthy. Obama has tax cuts too and they are for the middle class. And obama being as smart as he is wont raise taxes on wealthy by ending bush cuts early. They will just expire in 010 and be dealt with then when the current crisis has been ameliorated to some extent.
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