Originally posted by: Craig234
and the spending your guys do cut is the wrong spending to cut, harming the nation's actual interests as the interests of the most wealthy are dominant.
Don't assume that I am a Republican just because I don't like Obama. What spending will "my guys" cut, and what makes it the wrong spending to cut?
solid, good social spending under a democrat
Well, that's my whole point. I disagree with his spending.
From Barack's Website (
Link)
Originally posted by: Barack Obama
Provide Additional Tax Rebates to American Workers: The economy has continued to weaken significantly, despite congressional action to provide immediate tax rebates to American consumers. $20 billion
So more cuts will help? I'd rather my taxes just be cut to begin with, so that I can invest it up front instead of recieving checks at random intervals.
Establish a $10 billion Foreclosure Prevention Fund: Given the downturn in the economy, Obama is calling for immediate creation of his Foreclosure Prevention Fund that will dramatically increase emergency pre-foreclosure counseling, and will help families facing foreclosure to responsibly refinance their mortgages or sell their homes. Obama?s plan will not help speculators, people buying vacation homes or people that falsely represented their incomes. It is meant to help responsible homeowners through this difficult period. Stimulus: $10 billion
While I'm sure there are some people who really did get screwed here, I have zero sympathy for people who signed mortgages that they could not afford. Interest only payments with 1% down? Yeah, you screwed yourself here buddy. I have a responsbile mortgage. Why should I pay for those who don't?
Provide $10 billion in Relief for State and Local Governments Hardest-Hit by the Housing Crisis to Prevent Cuts in Vital Services: Because of the housing crisis and the weakening economy, many state and local governments are facing significant revenue shortfalls. Barack Obama believes that in the areas hardest-hit by the housing crisis we should provide immediate, temporary funding to state and local governments so that the decline in property values does not cause them to slash critical public services and cut vital infrastructure spending. Stimulus: $10 billion
I don't like it, but this seems acceptable.
Extend and Expand Unemployment Insurance: Barack Obama believes we must extend and strengthen the Unemployment Insurance (UI) program to address the needs of the long-term unemployed, who currently make up nearly one-fifth of the unemployed and are often older workers who have lost their jobs in manufacturing or other industries and have a difficult time finding new employment. Expanding UI is one of the most effective ways to combat economic turmoil; every dollar invested in UI benefits results in $1.73 in economic output. Obama is calling for a temporary expansion of the UI program for those who have exhausted their current eligibility. Stimulus: $10 billion.
I'd need to see a source on the 1.73:1 claim.
Provide a Tax Cut for Working Families: Obama will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family. The "Making Work Pay" tax credit will completely eliminate income taxes for 10 million Americans.
Who would get this. Will other people have to pay more taxes? I need numbers.
Raise the Minimum Wage: Barack Obama will raise the minimum wage, index it to inflation and increase the Earned Income Tax Credit to make sure that full-time workers earn a living wage that allows them to raise their families and pay for basic needs
This could be the worst one. Let's say he makes minimum wage $10/hr and you make $9/hr currently. You'd make $10. You sure wouldn't get a raise to $13.74, which is the same percentage above the current minimum wage. That means that your quality of life has gone down, because the economy will adjust so that $10 is about the same as $6.55 used to be. Minimum wage jobs are that way for a reason. You aren't supposed to support even yourself on them. They're for suplemental income.
This should be enough to see where I stand.
Originally posted by: Craig234
You guys seem to have a political approach of a pipe dream of what you want, and the party who will say anything like that, however much you know they're lying, you'll pick.
You keep throwing the word "you" around as if you have any idea of what I want or how I feel. Just because I don't like Obama, I'm instantly some kind of sheep who will blindly follow the Republican Party. I am not.
That's not even getting into the issues of whether the policies you want will do what you want or be disasters if enacted
That can be said of any policy.