Sunday, January 16, 2011

your money

The big question this week, is what can Obama do between now and the election, to turn things around and while watching Thomas Friedman on ABC today the answer was presented. I thought it significant since it lays out the basic differences between liberals and conservatives. Liberals believe that government is the solution and conservatives see private business as the answer. Friedman in a classic example of double speak said if we just lower taxes that will run up the deficit so we should add more stimulus. It apparently never occurred to him that would also run up the deficit and no one on the panel brought that to his attention. The question that must be asked is it better for the government to spend your money with more stimulus or is it better if you spend your own money through lower taxes.

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