There is no middle ground – so play to win


I think it is important for all of us to take a stand in the debates regarding our national problems and not hope for some magic compromise. Our economic problems are severe and we can’t mix and match a patchwork solution. We have to move in a direction and see if it works. If it doesn’t, I hope Obama has the sense that Bush did when his approach in Iraq wasn’t working.

http://pajamasmedia.com/blog/the-rush-for-obamas-signature/2/

the race is on. On the one side, the forces wanting immediate and sweeping social intervention and activism. Taxes that redistribute, social spending to heights only the ideologically blinded can ignore, and government control over health and “necessities.” On the other side, those urging caution and the need for time to weigh the risks of reducing economic freedom. One side has urgency written large, the other only a history of extraordinary advancement and a faith in the virtues of freedom to recommend it. Restrict that freedom and you have Russia. Add it and you have an emergent China.

There is no apparent middle ground between the two sides. As in any race, one side will win and the other will lose. The difference is that in this race, if the loser is economic freedom it may never be able to race in America again. The presidency, however, has a long history of changing those who hold the office, if only by a realization of the magnitude of the consequences of decisions made there.

Will President Obama act before it broadens him by providing the perspective that comes with such responsibility?

We will know within six months.

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2 Responses to “There is no middle ground – so play to win”

  1. Reena Says:

    Part of the problem, in my opinion is Obama’s claimed desire to craft a bipartisan policy to address the economic crisis. He needs to forget that, it will not happen– and if it does happen, I don’t think the policy will work in terms of getting us back on the road to recovery.

    You CANNOT both increase government spending and increase tax cuts– how do you think government spending is paid for? One of the other of these methods could work and these are tools used to address recessions. The problem with tax cuts is that they will not address any of our country’s larger needs once applied. Tax cuts will not pay for infrastructure, they will not provide income assistance in the form of food stamps, health care etc–a good portion of which is spent on children.

    While we do have unethical practices by banks and mortgage companies to blame for our economic mess– what about the part of, Oh, I’ll say it– JOE THE PLUMBER? What about the vast number of people in this country who have decided to live on credit– well beyond their incomes? Not just with the homes they decided to buy– with no money down, low variable interest rates that they were told could (would) increase over time. But also with all the credit card debt.

    ****The average American with a credit file is responsible for $16,635 in debt, excluding mortages, according to Experian. (Source: U.S. News and World Report, “The End of Credit Card Consumerism,” August 2008).

    The average consumer’s oldest obligation is 14 years old, indicating that he or she has been managing credit for some time. In fact, one out of four consumers had credit histories of 20 years or longer. Only one in 20 consumers had credit histories shorter than two years. (Source: myfico.com)

    Nearly 37 percent of credit cardholders carry a balance of more than $10,000 of nonmortgage debt as reported to the credit bureaus. (Source: myfico.com)

    The typical consumer has access to approximately $19,000 on all credit cards combined. Just over one in seven are using 80 percent or more of their credit card limit. (Source: myfico.com) *****

    The Republicans are fighting to GIVE these people more money?!!

    Give me a break!!!

    How much of these tax cuts are WE (You Didley– and your VERY LOVELY wife) going to see? Probably not the full amount because unlike folks liste above– we save, we work and we LIVE based upon what we earn.

    For us, Tax Cuts = BEND OVER!

    Like

  2. Reena Says:

    I think I need to read your posts on the Anger Habit now.

    😀

    Like

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