Success Happy

how will obama's budget give us americans a better life? how?

i just don't understand how, if the budget deficit is FURTHER increased, per this article: http://www.cnn.com/2009/POLITICS/02/26/budget/index.html and, within this link, you can examine the budget itself: http://thecaucus.blogs.nytimes.com/2009/02/26/examine-the-budget-document/ how obama's new budget will work out in our best interests over time? why? and how long will it take to haul in all the bucks that have to be gotten in order to have a balanced budget in order to grow, which is the way that the public spends? just last week obama claimed that he would halve the budget deficit and now he said that he will increase, almost double, our current abysmal hole in the ground that is called the budget deficit in order to make our country come out ahead within 2 years. i can't understand how you can manipulate the numbers while increasing taxes on the small number of wealthy americans that in many ways make the eocnomy move via their investments (and who will not be able to make good investments if uncle sam increases the amount in taxes that it assesses against them) and, at the same time, giving billions and billions out to "programs" that supposedly will help americans who are drowning in debt, to spend all this money because the new budget that he released claims that by increasing the budget deficit, we are going to normalize the work force that supports the federal government via its taxes. (hint here: look up which sectors of the us economy are not laying off their workers: the united states government is the largest and strongest of only two sectors of our economy that are growing and not shrinking their workforce...). can you explain to me why the obama budget makes cents? i can't see that it makes any sense at all. there is only one thing that brought us out of the depression of the 1930s, and that was WWII--all the work and industry that went into our war efforts so that the allies would win. america then experienced many years of wealth and prosperity, but we are going down the tubes these days. so how, please tell me, will his budget help americans regain even a modicum of prosperity? is it possible? if you think that that will happen in 2 years, tell me exactly how it will happen. if you believe that obama's new budget will be the demise of our economy, please say why. i happen to like long, detailed answers that have backbone to them--so, i am going to wait a full 7 days before i choose the best answer. that way, ya all have plenty of time to at least scan his budget and find news on the net about it to support your argument. thanks!

Public Comments

1. It won't. The budget will make us ALL impoverished!
2. Its going to help a lot of people!!! Its going to cause inflation and make many liberals happy that are getting money for their dumb museum projects and saving the salt marsh mouse. If the salt marsh mouse doesnt stimulate the economy, the hell if I know what will!
3. When obama starts cap and trade you will be praying for bush back.
4. Well lets see,if you like to pay for someone else's dept,it will please you. If you like to pay for years on end for money you never ever saw come your way, do not worry you'll be happy. So you like to be stimulated for years, to bailout irresponsible banks and companies, and then to think you will not suffer for it. All thanks to Mr.Obama. Mr. because he has not proven that he is ligitmately the President of the U.S.A.
5. The problem with getting information from the 'conservatives' is because they're right, AND they're wrong. If all this money was spent and then vanished, they would be correct. The flaw in their argument, or the disinformation...pick one...is that no money ever actually vanishes. The original dollars buy things and pay wages, but they don't stop there. The vendors that supply the 'stuff' now have payrolls to pay and then they have to re-order from their vendors. Some of the money becomes 'profit' and 'profit' becomes savings, further investment and taxes. The cash begins to pick up speed...this is call the 'velocity of money'. The faster this money changes hands the more wages are paid, the more profits are accumulated, the more investment and savings occur and finally more taxes collected. Total demand begins to ramp up, banks begin to loan creating more credit, more investment is generated and more workers must be hired to produce or service all this new economic action. WW2 certainly did drive a stake into the heart of the Depression, but much of that 'stake' had to do with the rapid expansion of new technologies discovered and new industries created. Don't forget, during the war people had jobs but everything was also rationed...creating savings and later an immense amount of available credit. Obama's plan is pretty much the same except for the war and rationing part....it'll work. Why? Because money talks and all this GOP bull #$% walks! No kiddin'!
6. Responding to this question it quickly becomes obvious that Yahoo/Answers doesn’t provide sufficient space to address a truly worthy answer. So, I believe that it is more realistic to address it in three shorter parts. First, it won’t ‘give’ Americans a better life. Doing such is not the responsibility of the federal government, or for that matter, it isn’t the responsibility of any government. Secondly, to understand why President Obama’s budget (which is also the budget of Congressional leaders Senator Harry Reid and Speaker Nancy Pelosi) will not work but will make life worse for nearly all Americans, there must be some understanding of how an economic system actually works. The following address provides one of the best such understandings (although it will take a time investment by the viewer): http://www.ideachannel.tv/ Here on the right side of the site you will find all 10 segments of the original series “Free To Choose.” If you watch them (which I find doubtful) you will find out very graphically why this President Obama approach is dangerous to the future of the United States. Thirdly, to judge the worth of any economic proposal there must be some foundation on which to make such a judgment. For me, and I hope for any who read this, that foundation is how does any approach impact individual freedom. Individual freedom can be viewed from any number of perspectives but from an economic perspective it comes down to the degree that an individual has control of their own life to make personal decisions as to how to earn (within the private sector) income and, to what degree they have control as to how to use the earned income. President Obama’s approach increasingly curtails these individual freedoms by taking control (through increased taxes) of that personal income. President Obama’s approach is based on the idea that the federal government has a better idea on how your income is to be spent than you do. Therefore, the federal government will take an increasingly larger portion of you private income and transferring it to others who DID NOT EARN IT. More over, not all of that confiscated money arrives in the hands of other people because the federal government takes a piece of it to pay for the accompanying increasing size of government. Based on President Obama’s proposals, if all of the personal income of everyone making more than $75,000 annually were taken by the federal government, it would still not pay for all of these proposals. This doesn’t take into consideration of what is likely coming, that is, the talk of the coming failure and collapse of Mexico and the responsibility of our federal government to financially assist it. If this continues we will become truly more socialist that countries such as France. The question shouldn’t be how will these President Obama proposals help us, the question should be, how do we keep them from destroying us.