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Originally Posted by kane
At this point we basically had two choices.
Option #1: Just let it all crash and burn. Give money to nobody and let those that will go under burn.
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how about this.... odd idea. that a bill actually be debated before it passes the house and senate. that people have time to see whats in it and understand it and understand how money is being spent?
why is that unreasonable?
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Option #2: Spend a bunch of money in hopes you can put money into the economy, create jobs and hold things over while the private sector recovers in hopes that in a few years the private sector would be creating more jobs and those working stimulus jobs could transition to the private sector. This wards off a huge crash and eventually helps the economy recover.
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this is nothing more than a roll of the dice that has NEVER worked for any nation, at any point in history.
instead of touting potential benefits... we should have been weighing the risks.. hyperinflation, worthless currency and worsening economic problems on top of those that existed.
Seriously though.. I like Obama... never let a crisis go to waste. They didn't. They masterfully used the situation to push through exactly what they wanted with little opposition or discussion and dismissed any attempt at debate as "obstructionism". They knew what they could get away with and they went for it. And Republicans have no one to blame but themselves for creating the conditions that made that possible.