Comments on: Obama, Dems Plan $500B Economic Package

President-Elect Looks To Enact Rescue Package Soon After Inauguration; Plan Would Worsen Already Large U.S. Deficit

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by horse3farm November 25, 2008 3:46 PM EST
"Obama''s aides have said the early-January recovery plan will not include a tax increase for those earning $250,000 or more annually, something the president-elect has vowed to put in place to, in his words Monday, "restore some balance to our tax code." But economists caution that the measure, which will add substantially to the already soaring deficit, will have to contain some significant trade-offs to avoid making things worse."

Another promise unpromised. And I am just sure his economic advisors didn''t have a clue during the campaign. Change? The change is only a different face.
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by incog-nito November 25, 2008 3:39 PM EST
What would McCain do to handle the economic downturn? He''ll probably let the invisible hand of the "free market" work its magic and take care of everything.
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by smclimans November 25, 2008 3:33 PM EST

1)

Don''t worry,
we conservatives will give Obama the same "respect"
that liberals gave George Bush.
LOL


2)

For the last eight years, all I heard from liberals who
relentlessly criticized Bush, was that "DISSENT IS PATRIOTIC"

Okay

So I will be patriotic for the next four years
by dissenting against Obama



Reply to this comment
by smclimans November 25, 2008 3:33 PM EST

1)

Don''t worry,
we conservatives will give Obama the same "respect"
that liberals gave George Bush.
LOL


2)

For the last eight years, all I heard from liberals who
relentlessly criticized Bush, was that "DISSENT IS PATRIOTIC"

Okay

So I will be patriotic for the next four years
by dissenting against Obama



Reply to this comment
by missingamerica November 25, 2008 3:19 PM EST
What kind of change is that? Unfortunately we will have to wait two years before we can send a message to Wahsington. Hope that our great country will still be existing. The way it looks, I''''m not so sure it will ;-(

Posted by HK4U at 12:18 PM : Nov 25, 2008

You have this HUGE handicap: This mess is a Republican creation.
Reply to this comment
by missingamerica November 25, 2008 3:15 PM EST
Oh, brother...man...for a bunch of people who STILL trust "their" President even after all of the lies he and his Administration have been caught in, you righties surely do have a lack of trust for somebody who has not even spent one day as President yet.
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by browerclan November 25, 2008 3:14 PM EST
I know Obama said there was only President right now. I am just curious to know who he thinks is President right now: him or Bush!
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by tuffone31 November 25, 2008 3:14 PM EST
STAND BY...

FOR AN ANNOUNCEMENT...

FROM THE MID-WESTERN WHITE HOUSE...

AND FROM THE OFFICE OF THE PRESIDENT-ELECT.

3...2...1...LIVE!

Reply to this comment
by tuffone31 November 25, 2008 3:09 PM EST
A pronouncement from the Office of the President-Elect
HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA AH.....HA
Already he is becoming the laughing stock of the planet! HA HA HA HA HA ....AH ...HA HA HA HA HA HA AH...HA
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by browerclan November 25, 2008 3:08 PM EST
Obama can say this is benefitting the Middle Class all he wants, but the Middle Class is not the ones on welfare and food stamps. It is the poor!! I guess Obama will finally be handing out the money to all those who voted for him. He has already made sure that the CEOs who backed him will get their handouts when he voted and verbally supported the $700 billion bail-out. And it is and will come out YOUR pay-check!

Also, part of the Bush tax cuts Obama wants to do away with was the doubling of the dependent deductible (from $500 to $1000) and eliminating the marriage penalty. The Middle Class benefitted from those tax cuts and Obama, champion of the Middle Class, wants to do away with them.

Please stop saying these economics plans are benefitting the Middle Class. It is only increasing our tax burden and that for generations to come.

Our nation as we know it is ending and all you petty, bigoted people can do is gripe about President Bush, Republicans, and rich people. Remember it is those rich people who will create jobs for the average American, not the poor.

BTW, BOTH PARTIES have turned us into a welfare nation and have bankrupted us!! It is about time the citizens take this nation back from both parties.
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by txlakeside November 25, 2008 3:00 PM EST
demswin ... go study your history books ... dems have only had control since 2006! This mess goes back to the repub control of the Houses under Clinton ... idiot! Get an education and read a book!
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by txlakeside November 25, 2008 2:59 PM EST
SCB ... you are a poor loser! Get over it and give the man a chance! Otherwise you are no better than the Repubs of the past!

Be a man and get over it!
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by lemonskink November 25, 2008 2:48 PM EST
At least he''s trying to come up with a solution. Where''s the goofball Bush? The Republicans and Paulson once again smack America across the face and refuse to divulge where a lot of the 700 billion is going. Bush and his minions caused this mess, and now it will be up to the Democrats to get us in the black, once again.

http://www.youtube.com/watch?v=0kqmNTk6ls0
Reply to this comment
by scb111_1 November 25, 2008 2:47 PM EST
Bush...the End of an Error, but Obama...the Beginning of an MISTAKE!!!
Reply to this comment
by andylance1 November 25, 2008 2:38 PM EST
Have we really changed that much as a society since the 1920s?

We still have elements in our society that are anti-immigrant. Instead of being directed against Catholics like the Italians it is now directed against Mexicans crossing our border, building walls, rounding them up and deporting them. We still have a dislike for people that are "different" from us that speak a foreign language.

America never learned its lessons from prohibition. Instead of having alcohol prohibition we have drug prohibition. Half of all our people in prison today are there because of drugs. We have drug gangs from Mexico having a war on our border. Will we as a society ever have the wisdom to decriminalize drugs?

The economic collapse in 1929 was due to excessive greed in Wall Street. What happened this October is almost a repeat of what happened in 1929. Our government failed to put adequate controls to prevent
wild speculation and corruption in our financial markets.
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by scb111_1 November 25, 2008 2:29 PM EST
The Dow down over 30 points, the "Obama''s firesale" continuing today, the word on the street is "sell-baby-sell" before Obama raises the Capital Gains Taxes on Profit from the present 15% to 28%! Get yours now before it is all gone!
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by lf1952 November 25, 2008 2:26 PM EST
Democrats = TAX + SPEND
Here is the SPEND part.
WAIT for the TAX part.
You think you are broke now???
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by perceptions5 November 25, 2008 2:21 PM EST
FYI libs.........the Democrats OWN this economy.

They took over our 110th Do Nothing Democrat Congress nearly two year ago and have run our economy into the ground becasue they were too busy conducting daily political lynchings and endless votes on US troop withdraws from Iraq.

Congresses run the economy

Presidents run the wars.

And because our new breed of Liberal Facists that generate our news for us won''t tell you that............

......then I will.

Two years is ENOUGH
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by whitemale08 November 25, 2008 2:10 PM EST
Obama is being held has the "Universal President".

I think it''s hilarious but I do have confidence that Obama can fix the problem with this economy.

The Bush/Hannity/Limbaugh-Depression has to be ended as soon as possible.

The best thing Bush can do is step down early and let Obama take over from here.
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by biblethumpar November 25, 2008 2:09 PM EST
8 Years of Dumbyahs inept running of the country has brought this to our doorsteps,
i hope Mr. Obama can set the right course,
whatever the cost,
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