2/6/09

Mo Money Mo Problems

Obama is trying to get a compromise deal worked out on the Hill for this new "stimulus" package, and he wants it fast:

The president showed a flash of impatience Thursday morning, saying: "The time for talk is over. The time for action is now." Speaking in the evening to House Democrats who were holding a retreat in Williamsburg, Va., Obama warned that without swift action on the bill, "an economy that is already in crisis will be faced with catastrophe."

Obama's stance is contradictory, though, as the House Bill would only spend 21 percent of the bill in 2009 and 44 percent of the bill in 2010. A whole 35 percent of the bill wouldn't even be spent in the next two years. It seems like Mr. Obama is in an awful hurry to spend something that won't be fast. What's a couple of days to debate the biggest spending bill in history?

My dad, a very wise man, says, "Never be in a hurry to make a big purchase." Mr. Obama could sure use this wisdom. He's playing politics and using fear (something he always criticised Bush for, by the way), and trying to blame the GOP. This is irresponsible. He doesn't seem so wise at the moment.

1 comment:

Rachel said...

No matter whether we like Obama or not, I have noticed a significant loss of poise with this bill. He seems to be rushing it, like you said. I wonder what the significance of that is...