since taking office Obama and his Democrat-controlled Congress have spent somewhere in the neighborhood of two trillion dollars bailing out industries with little or no benefit to the average American.
... and how would it have necessarily benefited the average American had the government let all these industries fail?
So you wouldn't be critical had nothing been done and a messy bankruptcy been allowed along with chaos in the auto industry as well as those industries that directly and indirectly support and are supported by them? It's reasonable to say this could have further exacerbated the economic situation which is in the pits already. While I hate the idea of Government intervention, given the situation at the time I'm not entirely convinced that had it not intervened, things would have been more rosier.
A quote regarding the Soviet economy that can be applied to the Obama Administration.
29/08/2010 08:07:11 PM
- 1290 Views
the Copernecian model bit was a tad exaggerated
29/08/2010 08:28:41 PM
- 800 Views

I wish I could believe the Democrats were only behaving "as" poorly.
29/08/2010 09:50:23 PM
- 820 Views
the sad thing is, I really don't think it has to be that way
29/08/2010 10:31:16 PM
- 841 Views
This is a classic mistake of the independent voter.
30/08/2010 12:35:33 AM
- 817 Views
You cannot seriously agree with the Republicans about extending the Bush tax cuts.
30/08/2010 09:07:59 AM
- 702 Views
I would target lowering the corporate rate and helping pass-through entities with cuts.
30/08/2010 02:52:55 PM
- 762 Views
How many companies actually pay that corporate tax rate, though?
30/08/2010 03:37:47 PM
- 892 Views
In reality, virtually no company in the US pays anywhere near the actual corporate tax rate.
31/08/2010 11:12:05 AM
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Where are you getting your "information"? *NM*
31/08/2010 04:24:47 PM
- 315 Views
Are you saying companies are actually paying 35% in corporate taxes?
31/08/2010 10:11:28 PM
- 749 Views
God help us if we ever end up at the OECD average!
31/08/2010 10:30:34 PM
- 668 Views
Which have corporate tax rates equal to or lower than that 35%.
01/09/2010 01:04:34 AM
- 1038 Views
Absolutely not.
01/09/2010 04:13:24 AM
- 726 Views
The pot shouldn't call the kettle black
01/09/2010 10:10:42 AM
- 900 Views
We definitely need to slash Social Security, Medicare and Medicaid.
01/09/2010 01:58:23 PM
- 699 Views
So what you are saying is that for someone like you, it is all about how dishonest you think they ar
30/08/2010 03:17:27 PM
- 972 Views
It is true, I know no republicans personally who espouse a Copernican Model of the Universe
29/08/2010 10:16:38 PM
- 825 Views
For all of the talk about republican social issues even with a majority they didn't do much about it
29/08/2010 10:25:22 PM
- 940 Views
I have a strong dislike for Hilary Clinton.
29/08/2010 11:38:10 PM
- 771 Views
I find myself regretting that she didn't beat Obama in the primaries.
30/08/2010 12:30:28 AM
- 708 Views
Interesting comparison
30/08/2010 04:19:40 AM
- 763 Views
possibly because....
30/08/2010 04:24:23 AM
- 788 Views
I'm curious...
31/08/2010 12:08:44 PM
- 922 Views
That's why I'm a Libertarian
30/08/2010 09:22:18 AM
- 764 Views
Strict libertarians are disliked for some of their own insane ideas.
31/08/2010 06:21:12 PM
- 631 Views
I don't know MUCH about politics - however..
30/08/2010 01:49:03 PM
- 840 Views
If Republicans focus more on the economy, we have our best chances.
31/08/2010 06:18:49 PM
- 612 Views
Actually, General Motors has made quite a turnaround, the company is actually making profit now.
31/08/2010 10:44:15 AM
- 844 Views
The Economist is being uncharacteristically optimistic on this point.
31/08/2010 06:17:51 PM
- 655 Views