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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: KLP who wrote (239356)2/20/2008 6:02:33 PM
From: Bearcatbob  Read Replies (2) | Respond to of 793957
 
KLP,

The biggest problem with Obama's current speeches are the false expectations he is raising with some. The reality will be harsh.

We are currently on vacation at a real nice location with people with lots of money all around. With the events of the day I wonder what would happen if more of their money was taken in the form of taxes. Perhaps some would not matter - if it got to the point it mattered - a whole lot of people working here - those starting up the economic ladder - would find themselves with no ladder.

I guess it gets down to the basic question - does the economy do better if I spend my money or if the government spends it? Further, does the economy do better if I save or if the government takes my money and spends it?

Simple answers do not exist.