President Obomas' Economic Plan
money money money
Will It Work?
If you had any type of media on last night you heard the State of the Union Address. Now I don't know how you feel about want Pres. Obomas' ideas for recovery,but they scare me.
For instance, his idea to place a fee on the largest bank to recover bail out money. The banks have failed to make the loans they were supposed to. I feel the problem there is the fear of risk after the 'sub prime ' bubble burst. So how are they going to take more risk when they are paying big fees to the government?
And did I hear him say he would increase tax those making over $250k while reducing taxes on the others? What's to prevent those being taxed more from just leaving or relocating out of our country? Worst yet, why won't a few just lie about or hide their finances? Where will that money come from then (target on my back)?
What about his idea to pursue the Doha agreement. Didn't our Free Trade Agreement teach us anything? How many jobs will be "outsourced this time? Yes we need to increase our global trade, but shouldn't we have something to trade first?
You gotta love his ideas on education, but his way of helping education is to have our government pay for it in effect "socializing "our education even more than it is now. How long before the government begins to dictate how that money will 'educate us?
While I agree with many of the things he said in his speech, I have little faith anything more will happen than more of the express train to socialize our country.
- Doha Development Round - Wikipedia, the free encyclopedia
Explanation of Doha from Wikipedia
Comments 6 comments
More Articles from caretakerray
- Is the food Safety Enhancement Act (H.R.2749) A Global Threat or Enhanced Protection?
This is my first attempt at writing this style hub. It was quite an adventure! What I thought was to be a couple of paragraphs about a proposed food safety bill, quickly turned into an out-of -control...
- Health Care Reform
President Oboma is trying to pass a massive health care reform bill, without success (as have 7 other presidents and congresses). There is a reason he can't seem to get this done. Simply put "the...
Also of Interest
- WHY I DO LIKE GREEN EGGS AND HAM
Although my boy is grown and gone, I've been hanging around a 2year old (grandson) lately. He loves the book Green Eggs and Ham by Dr. Seuss. Naturally, I can't get the darn thing out of my head now. ...
- It's Your Life - Take control
crossroads You want to improve your life, but where do you start? After all, if you're like me you'd like to just be reborn and begin all over again. But since it's a little too late for that, you must...
- Deciding on a life change
are you ready? So you think you want to make a life change? But do you really want to do this? After all your life is pretty comfortable as it is, isn't it? We all naturally resist change. Then how do...
More by this Author
This holiday season it pays to know the Hottest Christmas presents for your boyfriend. After all isn't he one of the most important people in your life?