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Reply #10: I really hope you're wrong [View All]

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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-24-09 03:37 PM
Response to Reply #6
10. I really hope you're wrong
Michigan typically does worse than the nation which means we'll be at 20%. If they say it's 20, it will be more like 25-30% in reality.

Yes! Tax cuts won't fix anything. I wish Obama would drop tax cuts from the stimulus plan because I don't think it's the most effective use of the money. I don't think Republicans will support this stimulus package no matter how many tax cuts are included. If the stimulus bill helps the economy, Obama will get the credit and it will help the Democrats. If it fails, by voting against, the GOP will look good and will have something to run on. Politically speaking, there's no reason for the GOP to be bipartisan.

I believe Obama will be treated similarly to how our governor has been treated. Granholm inherited a budget deficit, a "rain day" fund that had been depleted, unemployment already near 7%, and about 200,000 lost jobs. She didn't clean up the previous GOP governor's mess quickly enough and is now blamed by many for the poor economy. If things don't drastically improve within 6-12 months, the GOP will start their 2010 & 2012 campaign of blaming Obama for not cleaning up their mess quickly enough.

So I hope Obama works on producing the best stimulus package possible and doesn't give us a watered-down package for the sake of bipartisanship.
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