Tuesday, October 19, 2010

The Possibilities are Endless... (theory post)


The debate over Obamanomics has been polarized because of the effects they have had on the economy over the past 2 years. Generally speaking, there or those who believe Obama and his advisors are doing a good job in this way, and then there are those who hate Obama’s economic policies because. In order to solve the problem and end the “polarized sides”, people need to agree on a few things. One: that Obama is working hard and in some aspects helped the economy. Two: that the majority of the money we have spent has been spent carelessly and did not take into account past trends and long run results. The facts are overwhelmingly favored towards one side – the Anti-Obama side. For a resolution, I propose that we disregard all economic policies and strategies and start from scratch – working together. Conservative and Liberal economic policies are just about as opposite from each other as you can get. In order to make a policy that works, everyone needs to help out and everyone needs to be open to new theories and ideas. I believe a good start would be to incorporate a theory of “Trickle-down-economics” while keeping Obama’s current policies for increased government spending. These two aspects (taken from both arguments) have had benefits on our economy in the past, as well as in the present recession. I think that if we combine the two "working" aspects from each side of the argument regarding economic policies that it will be much more effective than sticking with just one strict plan. 

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