[QUOTE="Hot-Tamale"][QUOTE="chathuranga"] Money that we don't have.seabiscuit8686
I don't see your rationale. Wasn't it Hamilton who said that government debt gives us future economic growth? So are you implying that you would rather have millions of Americans die before spending 39 billion on the entirety of the New Deal?
Spending billions and trillions with ZERO plan to get some of that back is bordering on madness. Say what you want about Bush, but he know that securing Iraq would recoup some of the costs of the war through oil. Whether or not that happened is up for debate. But the spending on the war had the possibility to increase money and goods coming in. Worthless spending like buying GMC is pointless and pathetic. The business model of GMC would have to completely change to ever turn a profit for what we paid for it - this will never be a positive gain. It is this kind of attitude "Spend more money" that screws us. Let me ask you this - just as a general question - what does the US make/lead the world in anymore.....NOTHING. What will the next big thing for the US be? No one has any idea. The US is in a complete stale mate. We don't produce our own products, no longer have enough farms to provide for our own people, and SPEND NO MONEY ON INNOVATION. Name one successful car company from the US. Name one successful Chip producer (don't say IBM or Intel because their chips are designed and produced in Asian countries). The US is a pathetic waste right now with NO GOALS for the future. We are in a spend now to try and save us attitude. We should be using this time to determine a path for our country, cleaning it of the rubbish that got us into this mess, not bailing out worthless companies and wasting money left and right.I agree with you, but we DO have a plan to get the money back, it just won't be an immediate fix. Remember when Germany adopted it's universal healthcare system? They spent nearly 5% of their GDP on instituting the system, and they've made every dime back. Of course, they went right over and spent the money on other things, but they made the money back because they pay less than half of what we do per person on healthcare, and if we can follow their example and institute true universal health coverage, then at least one faction will feel like something got done, as opposed to both sides hating on Obama. Plus, 50 million Americans will have healthcare coverage.
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