The Obama Economic Policies are Troubling

President Obama seemed to be governing from the Center until recent policy statements have caused me to be troubled by the direction we are heading in. Raising taxes in the middle of a severe economic downturn is bad enough, but to seriously consider dropping or severely curtailing the Mortgage Interest Deduction, and eliminating many deductions for Charitable Contributions causes me to be even more disturbed. This is sending the exact WRONG MESSAGE to the people who make this economy and country great. Small business's account for most of the jobs created in America. Many charitable organizations are struggling as it is in a tough economy and to threaten to take away their deduction at this time will deal many a fatal blow.

What happened to "Go slow" "be Cautious" "Govern from the Center"? Sadly Obama is proving his critics right by moving the country in a far left way very quickly. We will see in a year or so how this all plays out, but judging by the plunging stock market, SO FAR IS NOT SO GOOD!. If he continues down this path, I'm afraid he just may prove critics like Rush Limbaugh right, and we may be headed for "Jimmy Carter PART II " Economically. Jimmy was a wonderful person, but a failed president by any economic standard. President Obama would do well to learn the lessons of history, and not repeat Carter's mistakes. If he doesn't he is doomed to repeat them.
 

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  • 3/4/2009 1:45 PM Donna Goodell wrote:
    Scary isn't it? I'm so glad we have a friend in Jesus who is more powerful than anyone or anything this world has to offer.
    Reply to this
    1. 3/9/2009 2:44 PM Bible Biker Blog wrote:
      This world is not our home, we're just a passin' through
      Our treasures are laid up somewhere beyond the blue
      The angels wait for me at heavens open door,
      And I don't feel at home in this world anymore.

      How true these words are today, even more than in the 1800's when they were written!
      Jesus is our HOPE! In him we will receive all things! I'm keeping my eyes on him, and LOOKING UP!
      Reply to this

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