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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (105425)	3/3/2009 10:22:04 PM
From: quehubo	Respond to of 541967

My argument is that events have changed this mindset. People are saving and paying down debt. Until people feel somewhat less burdened with debt and a bit more financially secure with retirement they wont be adding much to their stuffed over sized houses. Unless Obama can create a bubble to follow the tech bubble and the housing bubble the country will be straddled with massive debt at both the government and the US household. Obama sold a bill of goods he could not have delivered even with a stable economy, now his chance at success must be focused on employment. The global markets certainly are spooked at Obama's budget. I wonder how many are going to continue lending to support social programs for American consumers.

To: Dale Baker who wrote (105425)	3/4/2009 11:41:17 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 541967

If the voting public was ready for a drastic change, Ron Paul would have drawn more than single digits in the Republican primaries. Americans don't want to hear the truth. Who wants to hear that we borrowed too much and have to restrict our lifestyle? Who wants to hear that there isn't enough money for social programs going forward? Who wants to know their house is worth half of what they paid for it? Americans don't want change because they were told deficits didn't matter and were told to party on during two wars. We lived in a pretend world. Those who want to change that mindset have totally failed to build a political consensus behind it so far. They have a long way to go, and starting from a point where people are feeling hurt and deprived will be that much harder, whether they should want the old "dream" again or not. So more hard times ahead?