How is Obama's economic plan supposed to save our economy?

Question

Obama's plan seems to be to raise taxes to pay for the spending Bush did.

Normally I agree with this plan. But so far Obama has been adding on more and more spending to his future plans. He wants to add so much money for this, so much money for that.

I like helping people, too. But at some point it becomes too expensive, and it would only put us in a serious budgetary hole to pull them out of theirs. And if our pulling them out of their hole causes the National Debt to rise, then it only causes the value of the dollar to drop.

And that drop in value means that it will take more dollars for businesses to use to make their products. In turn, it will take more dollars for the Middle Class to buy those products. And Middle Class spending is the biggest driver of our economy.

And Obama's plan seems pretty well designed to keep the status quo. His leaving the war would normally have meant that we were no longer spending and that would keep the National Debt the same; then with raised taxes he could pay it off quickly.

But instead of less spending, Obama keeps adding spending to where he is nearing the same spending Bush is currently doing. Basically all Obama seems to be planning to do is maintain status quo.

And things aren't going so well by most accounts. Can any Democrat, or anyone else, explain to me how Obama's plan is supposed to save our economy?

Answer 1

He is like a modern Robin Hood. Take from the middle class and give to the baby factories and crack addicted who would rather sit on their ever widening butts and cash a government check than make a productive life for themselves.

Its a great policy: Take from those who can barely afford it and give to those who don't deserve it.

Answer 2

Spending is necessary to stimulate the economy and keep our promise to the Iraqi people to stabilize their country.  If we do not, another country will take advantage of their weakness.  Saddam kept order with an iron fist, it may not have been right, but its none of our business......Now, we should finish what we have started.

Now for Barry Obama:

The US Economy and Constitution will be torn apart if Obama passes The Global Poverty Act S.2433.  Some major points:

It will allow the UN to make and pass laws for us, including taking away our 2nd Amendment right (which was instituted to prevent our government from oppressing us)

75% of each dollar earned in America will be given to the UN to support countries like Mexico that can't get their act together

$846 BILLION will be given to the UN over the next 11 years

US factories will have to adhere to stricter environmental standards while Chinese, Mexican and Indian factories can pollute without limit

Obama also wants to give funding equal to every branch of the armed forces to his National Security Force-which will be, basically a presidential army.  Obama, with a proven Liberal Socialist voting record has plans for us........

I am proud to be an American and I'll be voting for John McCain this November.  Join me in upholding our freedom and quality of life.

Answer 3

I never got the impression that his goal was to save the economy. But to ensure "economic equality" and to lessen the gap between rich and poor....you know, make everything "even" (whatever that means...) while dodging accusations of being a socialist....

Answer 4

He has to raise taxes to pay for the big govt GWB created, and then he has to end the wars that we havent been paying for, and then he has to end corporate welfare, and possibly direct that money to other programs... So some tax increase and some realocation of funds to pay for new programs

Answer 5

Obama is not trying to help the economy.  He is simply trying to buy your vote.

If you think a lot of jobs are moving overseas - watch what happens after Obama makes US business taxes the highest in the industrialized world.

Answer 6

Obimbos tax increase is going to do to our country what NO other country in the history of the world has been able to do - tax itself into prosperity!

After all, he solved the nations oil crisis with an air-pressure gauge, didn't he?!

Answer 7

Senator Obama's plan is actually quite responsible.  Here is an analysis of both candidates' economic plans by a non-partisan organization:

http://www.taxpolicycenter.org/publicati...

Answer 8

I didnt know it was suppose to help, I thought it was suppose to destroy it!!!!! and bring in  the Amero!!!!!!