His piece can be found at: http://www.nytimes.com/2009/06/10/bu...leonhardt.html
I think a pay as you go law is an excellent thing. However I do not see those in office making necessary cuts to make it work unless they want to charge a huge tax percentage to make it work with all the current spending they got now.
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"
Cicero Marcus Tullius
The stimulus package was written by congress not the President, we needed help and this was the best that our government (collectively) could come up with. I don't see a better plan floating around, do you ? In a time of recession, stimulus is a normal reaction (did we not see this with Bush?), economists are on both sides of the table here, there has never been anything so big nor bad happening in the economy to set a precedence or a pattern that we could apply to this time in our lives.
I don't agree with all that is happening but since I don't have a better plan, I think I should at least support what is out there that makes sense to the majority of people. What I don't like, I vote against. What I don't know, I defer to the majority and live with the consequences.
As for when the President came to "realization" I couldn't fathom, you would have to ask him (which you can do at Welcome to the White House).
I am not an expert here, just a concerned citizen (that does her own facts checking) and realizes the problem with our government is not the government, but the people that refuse to take part in it.
Again, an excuse or slam will not fix this problem. If you don't like the policy; come up with a new one, vote the people you don't like out, get involved.
This was all charged on our Chinese mastercard, printed on fresh paper. There isn't an "account" to withdraw this money from.
Which means your gallon of milk will be $6 in a couple of years, and your utility bills will double.
And let's not try to pretend that this is all Obama's fault. I mean, it may just be me, but I don't think Obama taking office led to nobody wanting to buy GM or Chrysler cars anymore.