Wednesday, January 26, 2011

Approaching problems with Tea Party tear downs is no solution

Those who expected more specifics from President Obama's speech are expecting something that is not possible at this time.  Obama can not declare programs, lay out specifics, knowing that his congress has a two year record of blocking initiatives.  With congress more polarized today, Obama needed first to get cooperation and bipartisanship going.  Then hopefully the work of fashioning programs can move forward. 

Obama was clear where the jobs would come from... New industry, new infra-structure, new trade agreements, reallocated taxes that move from tax breaks for the excessively rich to incentives for employment among business, elimination of subsidies and earmarks for the few in favor of programs for the many.  If that isn't specific enough, then I am not sure you were listening.

What President Obama didn't say is that the economy he inherited was brought  by the previous Republican administration to the verge of collapse, bank failures, voiding of insurance coverage for millions of individuals and businesses, Wall street collapsing to a low point almost half what it had been.  By his actions he has stabilized the banks, restructured and assured the basis for insurance, has nudged the stock marked up 40% or more reflecting a robust business environment.  These things had to be done to set the stage for recovery and jobs.  Again, people need to understand that jobs are the result of a strong economy.  Jobs can not be magically set up.  People go to work when there is money to be made.

President Obama needs to be given credit for rescuing America from the brink of complete collapse and he needs to be given the time and cooperation to carry the momentum forward into the next phase which will be jobs, and increase in both economic and personal security.  Simple minded solutions that say simply  hands off, bug out have not worked in the pre Obama years and will not work now. 

Tea Party beware.  You are pushing an agenda that has wrecked the economy before, and if you prevail it will wreck the economy again.  Yes, cutting back on excessive government and excessive taxes are ways to help.  These are approaches as part of a plan, not cure-alls to be used with blunt force.

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