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Name:
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Yankee06
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Subject:
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There is hope though ...
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Date:
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8/18/2009 6:32:54 PM
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The above posts bring up two interesting issues:
-!) Should conservatives/Republicans/other anti-dem groups wish to see the Obama administration fail in bringing the country back? I myself don't know how I feel about that.
---Republicans: Republicans who think of themselves as mainly Republican party members will most likely want to see Obama fail. Why? --because I believe that for people who are party-centric, politics is a zero-sum game. If Obama is a success, the Dems are in power for at least the next 12 years. IF he fails, their party, the Republicans, is back in control. OF course, look at what happened to the country's economy from 2004-2008 when teh Repubs were in control. I don't see why Republican Party-centered people would want to see Obama succeed.
----Conservatives(In fiscal policies I would have to call myself conservative): Conservatives who mostly identify themselves by their philosophy, rather than by a party, might be more conflicted about whether they want Obama to fail or not. IF he fails, it confirms conservatives in their philosophy. However, if he succeeds, it will send honest conservatives into a soul-search of their values and beliefs, at least their economic ones. Then they would have to ponder the impact of this success of Obama's economic theories, on their social, cultural, political, and military conservative philosophies. Conservatives may have to change or at least modify those beliefs. What bothers me is that I believe that socialization or liberalism or whatever you want to call what the congressional leadership and the white hoiuse is trying to foist on this country could lead to "temporary" success because of all teh money that is being thrown at it. But as I have said in other posts, history suggests that the bad effects of socialism takes about 40 years (the time it takes former capitalist innovation and progress to be spent) to seriously take hold, then it is too late to change peacefully. Me? --as a fiscal conservative, I'm conflicted as to whether I want Obama to succeed or not.
-2) The other issue in above posts I find interesting is the reference to the American People's unwillingness to spend money in tough times. I agree with that, --in most circumstance. HOwever, I see no way that congressional spending can go on for the next year or two without massive inflation taking hold. IF inflation takes hold, then many Americans, myself included, will go out and buy big consumer items (Houses, cars, boats, etc) with today's dollars, then pay them off lateer with cheper inflation dollars. I and others would be stupid to let all our savings for retirement sit in a bank while inflation rates of 15-20% rage on for 4 or 5 years, because such inflation would render our savings almost useless in maintaining our standard of living. The Chinese are scared stiff this inflation-devaluation will happen to all those treasuries they have bought over the last decade. When you see the Chinese refuse to buy any more of our debt, and especially if they start to dump our treasuries, we little guys better go on a land/real estate buying spree.
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