Buyer’s Remorse?

Obama voters did not expect what he is delivering. Change is one thing. We needed it. Fixing things is another thing. We need fixing. But the proposals on the floor are way past change and fixing as Larry Kudlow notes. There is simply no way all voters for Obama are on board with the plan. And this post doesn’t mean Bush would have been any better. No politician is adhering to anything these days except power grabs.

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11 thoughts on “Buyer’s Remorse?

  1. Obama seems to be a smart guy, and I think a person of his caliber is very much aware of the “side-effects” of his policies. That’s why this makes me believe that he has a greater agenda and he’s not just “ignorantly trying to save the economy”. Everything just seems to fall in place so perfectly for him to execute his agenda.
    …Sometimes I wonder if these times are destined to be.

  2. Too many people believe politicians can effect the economy. That is a big problem. Second, politicians are only trying to keep their seat, not solve problems. Two different things. None of these folks have principles they follow in DC.

  3. Michael Covel stated:
    “Obama voters did not expect what he is delivering. Change is one thing. We needed it. Fixing things is another thing. We need fixing. But the proposals on the floor are way past change and fixing as Larry Kudlow notes. There is simply no way all voters for Obama are on board with the plan. ”

    I am curious as what this statement is based on. In poll after poll, Obama’s approval rating is sky high. The only poll I saw, which for a week or so had his approval rating drop was caused by Republicans not approving of his stimulus bill. Independents and Democrats, ie Obama voters, seem to have stood by him.

  4. The voters in the middle who swing the elections in no way suspected massive new taxes and a “collective”. And clearly Obama supporters in the media are starting to hedge. No public players are extolling the virtues of what Obama has proposed except Obama. Of course, the die hard left voters, the 40% base, support this economic redistribution. Sad mentality.

  5. So funny how self destructive we are in nature. We blame these leaders when we should really blame ourselves for electing them. 🙂
    It’s obvious this has been the trend in human history, and it looks like the trend would continue. In times like this, our fears and insecurities make us vulnerable to our self destructive collective nature. We love the idea of freedom, but we really can’t handle it…and we choose to be controlled. My point is that, i doubt if we are ever going to see the day where we would live in a free society, as Ayn or Milton’s perceptive describes. So i guess learning to reposition ones self is key…now I see why Jim Rogers and others moved 🙂

  6. I voted for Obama – I thought he was by far the smartest guy, he’d be better on foreign policy and he led me to believe that he was a ‘centrist’ who could work with both sides to come up with the best compromise solutions. When Mr. McCain brought S. Palin on board, that said to me that he didn’t really want to be President (maybe he was the smartest guy).

    Bush was a disaster and presented Obama with the most toxic handoff in history but I have been severely disappointed so far by the leaping in with piecemeal ‘solutions’ by this admin without well thought out (and articulated to the public) strategies. The stimulus Bill was especially disappointing to me. Obama is also throwing out too much ‘stuff’ right now, with the threat of tax increases in the new budget.

    One thing that is now obvious – it is really unfortunate that the government has to be involved in fixing these financial problems. It should have just been the Fed, with expanded powers.

  7. Michael Covell stated:
    “The voters in the middle who swing the elections in no way suspected massive new taxes and a “collective”.”

    Hi Michel,
    Would you mind elaborating what massive new taxes you are referring to? The only taxes I am aware of are taxes for people making more than $250k a year. Everybody else is getting a tax cut. And this is not a surprise. He talked about this during the election campaign. Here’s from Politico:

    The 95% of American families at lower income levels would share about $770 billion in new tax breaks over the same period.
    http://www.politico.com/news/stories/0209/19391.html

    Is it the tax increases on the 5% wealthiest Americans you are referring to? If so, it doesn’t seem like the people that voted for Obama would necessarily object to that. And I haven’t seen (I could be wrong) any polls showing any objection to it either among the Obama voters.

    I agree in principle to your stance on what government should do. But, we live in very uncertain times. Do we really want to go where the alternative is? AIG fails, the entire banking system will fail…

  8. Just one more thing; we have a budget deficit. There are basically two things do deal with this. Cut spending or raise taxes.

    So, if we don’t want taxes increased, what should we cut? The military isn’t free. Social security isn’t free.

  9. 1. Social Security is bankrupt.
    2. Deficit? Cut spending. Spending is far more than SS and military.
    3. Don’t nationalize banks. Let them fail.
    4. No more bailing out autos and autoworkers.

    Time for everyone to buck up.

  10. If you tax the upper income earners, and they spend less, how is that not a tax increase on lower income earners? You don’t actually believe that you can tax the “rich” a massive new amount and still see them spend the same before the new tax? How does that tax help the car worker, car seller, restaurant, bartender, etc.? Those people will be affected. So the talking points speak to no new taxes for certain groups, but none of it makes sense when you think about for a few seconds.

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