Friday, May 15, 2009

response to virgin blogger

I agree with a lot of your points on how our government's spending habits are irresponsible and down right scary to be honest. Luckily many economists believe that our recession will end by the middle of 2010. Some of the spending is probably doing extremely good things for our country like pulling us out of a recession. Although the recession ending might be in large part to Federal Chairman Ben Bernanke instead of the massive amounts of money our government has been spending. The fact of the matter is that our country is spending out of our means and until our population as a whole adopts a new mentality and ideology we are in trouble. We as the voters are responsible because we are the people that put the government officials in office. We need to be the reason politicians are scared to sign off on a three trillion dollar spending spree for the country. We need to treat our government officials like they are our children and that they better get permission from their voters before they do anything to get grounded for. The spending needs to be regulated more than it currently is and we all need to do our part to help.

Why do we spend sooo much?

I was talking with my roommate yesterday and he was complaining about how it was the credit card company’s fault that he was in debt because “How could they expect a twenty four year old “kid” to be responsible enough to manage a credit card.” This blew me away. I’ve heard crazy talk like this from homeless people rambling on and on, but I didn’t realize that a lot of Americans have this type of mentality. Our own government seems to have this frivolous mentality of spend now without thinking of having to actually pay someone later. Our government might be old but they are, and have been, acting like a immature young adult with a credit card with no limit. Seriously my roommate spends out of his means but he has NOTHING on our government. The reason our government keeps spending like that is because of our ideology. If nobody monitors how much candy a kid is allowed to have the kid will eat until it is sick, that is what’s happen to our government and their spending habits. We as Americans need to change are frame of mind if we are ever going to be able to change the way the government operates. It is more than likely going to be my generation that needs to change because most of the population that is forty-five or older are set in their ways and they are who they are. We have the opportunity to change and learn more about what needs to happen, and hopefully my generation does a better job of regulating government spending than previous generations. If my roommate is any indicator we are probably headed for more of the same unfortunately.

Thursday, May 7, 2009

Obama's budget plan increasing taxes

President Obama and his administration are spending a lot of money to get our country back on track. They realize that sometimes you have to spend money to make money and they are treating the economy like a business.
If a business runs out of capital there is no room for growth and this seems to be the plan President Obama is mirroring. The Obama administration is hoping to create 2.5 million jobs by 2011, which is double the amount of jobs that were lost in 2008. Obama’s initiative to create new jobs is very important to the administration and at the current moment they are taking necessary steps to obtain their goals. Unfortunately this isn’t an overnight process and sometimes the beginning of a plan might look bleak but our government has a plan. If spending money to make money is what it takes, then so be it.
The breakdown of the 3.6 trillion budget proposal shows how a large chunk of the money is going to create jobs for Americans. New energy jobs are getting a lot of money in the budget proposal as well as new construction and these two areas alone should help millions of Americans prosper from the governments spending. Stabilizing our economy is a top priority for our government and I feel confident that our President and his administration are taking every opportunity to make the lives of American citizens better.