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Originally Posted by cykoe6
Even if I was willing to accept every single left wing talking point about the origins of the problem I will never agree that massive deficit spending and a huge increase in the size of government is the answer. Trying to re-inflate the credit bubble through massive government spending increases is a suicidally stupid path.
Obama is using the crisis to push through a massive expansion of government spending and programs at the worst possible time. It is criminally irresponsible. Fiscal discipline is the answer.
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I am not versed enough in economics to know whether the spending is right or wrong. I know there are economists on both sides of the argument who feel strongly about it. We will find out one way or another in the coming years. Lets hope that it does work.
It isn't really a massive expansion of spending. We've been spending like this for the last 8 years. The difference being that under Bush the spending was for wars seen as mistakes and under Obama it's for domestic projects. I have no problem with people bashing unnecessary spending, but I do find it ironic to see people on the right side of the aisle take issue with it now. They didn't seem to care over the past 8 years when we doubled our national debt, but one month into a Demoratic President and the world is coming to an end.