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.