I think that comic is pretty funny. I find the talk of socialism pretty wild for two reasons. One is that we've been increasing our spending dramatically for the past 8 years, we just finally have a president who realizes you have to pay for all of that eventually. Health care reform, while expensive now, is actually going to lead to huge fiscal benefits. If health care continue to become more expensive at the rate it has been (which it will if we do nothing) pretty soon we'll spent more on Medicare and Medicaid then the national GDP. We've got to do something now or else that problem is going to explode.
The second reason is this general fear of socialism, why? Don't we all love our socialist programs? Libraries, police stations, fire stations, social security, medicare, medicaid? Aren't these things massively popular? So we do we still go "eek, socialism!"
I think this bailout is kind of ridiculous. It breaks my heart because we're already hugely in debt and I thought Obama might actually come to the budget with a realistic attitude, especially because we're sending the money to people who made their own troubles
Unfortunately we live in such a culture that every one of these business owes money to everyone else and if they go bankrupt everyone goes bankrupt, then good luck trying to pay off the deficit George Bush left us with
Its a sad state of affairs.
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