Quote:
Originally Posted by Sunshine
Bu bu bu but Obama's not gonna raise taxes! 
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Then he shouldn't be spending
All I'm saying is that
if he's looking at increased spending, such a system would be much wiser than random bailouts to failing companies. If he insits on increasing spending to boost employment, then might as well make sure the spending is an investment and not a bailout, because if we look at history, it's common for recessions to be followed by labour shortages a few years later. The best way to prepare for that is to ensure that the workers are capable of producing as efficiently as possible to make up for the labour shortage otherwise inflaiton kicks in.
Now considering that the US spends more money as a percentage of GNP than practically any other developed country by far, and more money as a whole than practically all other nations combined, don't you think that a moderate reduction in military spending might be a wise idea seeing that the US economy is on the verge of bankruptcy already thanks to the war in Iraq still looking for WMD's? Your country already has enough nukes to blast the planet a few times over. Are you expecting a Klingon invasion or what? Star Trek is just a film.