Lets take a look at the President's address tonight.
I know that for many Americans watching right now, the state of our economy is a concern that rises above all others. And rightly so. If you haven't been personally affected by this recession, you probably know someone who has - a friend; a neighbor; a member of your family. You don't need to hear another list of statistics to know that our economy is in crisis, because you live it every day. It's the worry you wake up with and the source of sleepless nights. It's the job you thought you'd retire from but now have lost; the business you built your dreams upon that's now hanging by a thread; the college acceptance letter your child had to put back in the envelope. The impact of this recession is real, and it is everywhere. - FOX News
Although the Economy is way up on the list of things to worry about, the National Deficit has quickly became My top concern. When the Economy recovers then what are we left with? Are Higher Taxes coming my way as a second whammy to this?
Now, if we're honest with ourselves, we'll admit that for too long, we have not always met these responsibilities - as a government or as a people. I say this not to lay blame or look backwards, but because it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament. - FOX News
That is an honest statement, I 100% agree with. The sad part is it was all about laying blame. Don't baffle me with the BS, you are all about blaming someone else. The next statement followed this one.
The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank. We have known for decades that our survival depends on finding new sources of energy. Yet we import more oil today than ever before. The cost of health care eats up more and more of our savings each year, yet we keep delaying reform. Our children will compete for jobs in a global economy that too many of our schools do not prepare them for. And though all these challenges went unsolved, we still managed to spend more money and pile up more debt, both as individuals and through our government, than ever before. - FOX News
hmmmmmmm. Sounds like blame. But wait, it becomes clearer.
t reflects the stark reality of what we've inherited - a trillion dollar deficit, a financial crisis, and a costly recession.
Given these realities, everyone in this chamber - Democrats and Republicans - will have to sacrifice some worthy priorities for which there are no dollars. And that includes me. - FOX News
You know that every President has a set of problems they inherit. A good leader takes them on and moves forward, this President keeps looking back and trying to make absolutely sure everyone knows he wasn't President when this happened.
Still, this plan will require significant resources from the federal government - and yes, probably more than we've already set aside. But while the cost of action will be great, I can assure you that the cost of inaction will be far greater, for it could result in an economy that sputters along for not months or years, but perhaps a decade. That would be worse for our deficit, worse for business, worse for you, and worse for the next generation. And I refuse to let that happen.
I understand that when the last administration asked this Congress to provide assistance for struggling banks, Democrats and Republicans alike were infuriated by the mismanagement and results that followed. So were the American taxpayers. So was I. - FOX News
So here we go, Yes he is being honest, they are going to be asking for Billions more to spend in the sake of saving the Economy. But hey why not, you can blame the first $700 Billion on President Bush. (Remember it was Democrats who Controlled both Houses when that passed) If you act quick enough, we won't see the mismanagement of this latest $800 Billion on Stimulus. How much are you willing to spend? It is easy to blame the banks for their mismanagement of money, but what about the mismanagement of Congress and the President?
But I also know that in a time of crisis, we cannot afford to govern out of anger, or yield to the politics of the moment. My job - our job - is to solve the problem. Our job is to govern with a sense of responsibility. I will not spend a single penny for the purpose of rewarding a single Wall Street executive, but I will do whatever it takes to help the small business that can't pay its workers or the family that has saved and still can't get a mortgage. - FOX News
How about doing the will of the people? You say you won't Govern out of Anger, but you aren't listening to the people either. You won't spend a single penny on rewarding Wall Street Executives! You sure are willing to spending Billions on Rewarding members of Congress for pet projects that will do very little to help the economy. Not to mention the paybacks for help in elections.
That's what this is about. It's not about helping banks - it's about helping people. Because when credit is available again, that young family can finally buy a new home. - FOX News
Thats great, they can buy a new home. How? No job to make money, but hey they can get credit. Quit helping the Banks at all. Help the people directly. Opening up credit for Mortgages is not helping the economy.
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