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Thread: Obama backs pet projects and signs spending bill

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    Obama backs pet projects and signs spending bill

    You know, folks, I was all over Bush about his spending, and you know what else? I thought nobody could be more irresponsible than Bush, and spend more than he did. Damn, was I ever wrong. I will grant Obama at least this much, though - He didn't try to mislead everybody by hiding the cost of the wars in Iraq and Afghanistan, and not including all that in the budget, like Bush did. But that is little consolation to me, as the monetary bleeding of our economy shows no sign of abating.

    Article is here.

    So, what do you think about the spending bill that was signed today?
    Last edited by danarhea; 03-11-09 at 10:51 PM.
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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by danarhea View Post

    So, what do you think about the spending bill that was signed today?
    The problem I have with Obama's spending is that while Irresponsible spending for the U.S. is better than Irresponsible spending for Foreign uses, it is still IRRESPONSIBLE.

    He is doing too much too quickly. I am not an economy expert, but to me this is making me worried.

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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by TheNextEra View Post
    The problem I have with Obama's spending is that while Irresponsible spending for the U.S. is better than Irresponsible spending for Foreign uses, it is still IRRESPONSIBLE.

    He is doing too much too quickly. I am not an economy expert, but to me this is making me worried.
    I am not so worry about additional spending right now, additional spending in the short term will only help the economy.

    I am worried about the big plans going forward. These new entitlements will saddle us with much higher debt as the economy is recovering, and as we should be paying down debt.
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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by SouthernDemocrat View Post
    I am not so worry about additional spending right now, additional spending in the short term will only help the economy.

    I am worried about the big plans going forward. These new entitlements will saddle us with much higher debt as the economy is recovering, and as we should be paying down debt.
    I disagree, too much spending in short term can DEFINITELY affect long term.

    Here's the thing I said in another thread. A friend I know would love to have the money to send his 3 kids through college, home payed off, Vacations for the next 10-20 years, cars payed off, and vacation home payed off RIGHT NOW.

    The simple fact is he can't get all that done RIGHT NOW on his budget.

    Like it or not the U.S. SHOULD be on some sort of budget as well, and as much as I would like to see many of the programs Obama wants implemented, we simply do not have the money to do so RIGHT NOW.

    Again, whether I like it or not, irrespnsible spending is still irrespniisible.

    I would like to see the whole world funded to the point, noone goes without food, water, shelter, education, technology, college education, and owning their own home, but I cannot do this on my budget.

    It isn't a matter of good will, it is a matter of what we can or cannot spend on these programs.

    In the long term, we stand the great chance of devaluating the dollar on the global market, going bust on many government run programs, and making it worse for the U.S. economy.

    Here is the problem, I know how the government runs things. I was forced to deal with it for many many years in the military.

    It takes triplicate forms to change my address assuming it even got passed the mounds of paperwork on someones desk and not into the trashcan.

    I am liberal leaning and while I don't mind seeing money spent on the homefront, I want it done responsibly.

    I like Bill Clinton for one reason. He was a moderate liberal, that worked with congress. Obama to me seems to be RUN by congress or at worse in cooperation of.

    Enough with the spending, Obama isn't even giving enough time to see if the spending works or whether to abandon it and go some other path.

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    Re: Obama backs pet projects and signs spending bill

    I'm glad he signed it. Some very good national security and state and local public safety projects are going to get done. I'm just tickled!

    *insert profound statement here*

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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by Lerxst View Post
    I'm glad he signed it. Some very good national security and state and local public safety projects are going to get done. I'm just tickled!

    Yes, some good things were passed, others not so good.

    Can you tell me what the efficiency of good things passed versus good things passed?

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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by TheNextEra View Post
    Yes, some good things were passed, others not so good.

    Can you tell me what the efficiency of good things passed versus good things passed?
    I have absolutely no idea whatsoever. Couldn't even venture a guess. But I know a lot of good men and women developed a lot of good projects that got on that bill. So I know it's not all wasteful spending.
    *insert profound statement here*

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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by danarhea View Post
    You know, folks, I was all over Bush about his spending, and you know what else? I thought nobody could be more irresponsible than Bush, and spend more than he did. Damn, was I ever wrong. I will grant Obama at least this much, though - He didn't try to mislead everybody by hiding the cost of the wars in Iraq and Afghanistan, and not including all that in the budget, like Bush did. But that is little consolation to me, as the monetary bleeding of our economy shows no sign of abating.

    So, what do you think about the spending bill that was signed today?
    1) He put the cost of Iraq and Afghanistan on-budget, but he's still cooking the books to the tune of $100b+ by keeping SS and Medicare on-budget.

    2)
    On another potentially controversial matter, the president also issued a "signing statement" with the bill, saying several of its provisions raised constitutional concerns and would be taken merely as suggestions. He has criticized President George W. Bush for often using such statements to claim the right to ignore portions of new laws, and on Monday he said his administration wouldn't follow those issued by Bush unless authorized by the new attorney general.
    ****ing lol's.
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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by SouthernDemocrat View Post
    I am not so worry about additional spending right now, additional spending in the short term will only help the economy.

    I am worried about the big plans going forward. These new entitlements will saddle us with much higher debt as the economy is recovering, and as we should be paying down debt.
    Then why not let the citizens do the spending?
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    Re: Obama backs pet projects and signs spending bill

    Quote Originally Posted by danarhea View Post
    So, what do you think about the spending bill that was signed today?
    Glad to see "change" has come to Washington.

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