The job of the President of the United States of America is, primarily, to uphold our Constitution as the chief executive office of the federal government and to direct policy to that end. But as a very visible national figure, the President's other main job is to provide reassurance and confidence to the citizens of our country. George W. Bush and Hank Paulson used fear to achieve political goals, which is reprehensible.
Now President Obama is doing the same thing:
"This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse."
These are the dire consequences of the government "doing nothing." Our government is the cause of the problem and the proposed solutions (including the tax "cuts" which don't go nearly far enough) are only more of the same that got us in this mess in the first place. Now the President is actively using fear tactics to basically threaten the American people. If the American people don't support this stimulus, then we only have ourselves to blame when the American Dream goes down the tubes. Shameful. How is that instilling confidence and reassurance? I thought that Obama was going to save us.
Do you know why personal finance and basic economics aren't required coursework in public schools? Because if the American people were educated on these things they wouldn't be so quick to fall for the nonsense our federal government tries to put over on us. As it is, there is quickly diminishing support in the polls for this stimulus bill, which says to me that most Americans still at least have half a brain.
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