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Frugality and conservatism — The Baglady — Sun, 29 Mar 2009 22:03:02 +0000

[...] conservative ideal. Right now the United States is in $11 trillion dollars of debt, and the new administration wants to increase it by 27%. Granted, the 8 years of Bush was not very conservative, either, and many people believe that [...]

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Gene — Sat, 21 Mar 2009 03:31:23 +0000

What would you do if you were the President? It’s easy to criticize from the sidelines when the entire weight of the nation is not on your shoulders. The critics have been numerous, but real workable suggestions have been few and far between.

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Akop — Fri, 20 Mar 2009 23:08:03 +0000

Increased taxes on energy companies will creep into consumer energy costs.

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This is unfortunate, but there is no really better way of promoting cleaner energy alternatives or making people and businesses save energy. The (gas guzzling) SUV and truck market did not collapse until gas went up to $4.

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Meg — Tue, 10 Mar 2009 03:57:57 +0000

I agree. And by the way I’ve read several articles which point out that when Obama says he’ll cut the deficit in half, he is in fact playing “money games” by first inflating the baseline figures. For instance, as a baseline he’s assuming that no tax cuts will expire in 2010 as planned, that the Iraq spending will continue at current levels, etc. Then he’s going to “cut” back and take the credit for “halving” the deficit. To be fair, I’m sure every administration plays these games, but come on – you’re doubling the deficit now.

That’s comparable to me racking up credit card debt of $5,000 each month. In 2009 I’m doubling my spending beyond my income to $10,000 a month – but next year I’ll ask you to give me kudos for dropping back down to $7,500 a month. Do you really think Americans are stupid enough to fall for that? (Wait, don’t answer that).

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Trevor @ Financial Nut — Sun, 08 Mar 2009 20:34:57 +0000

Very well said. I am having such a hard time with Obama right now. I don’t think the America that we have grown to love and adore will be around much longer.

Welcome to Europe.