Obama is starting to scare me

Out of curiosity, what did YOU expect out of Obama? From what I've seen he has pretty much done exactly what he said he would do.

That's right. You wanted change but you never once required that that "change" should be for the better. You know this place is going nuts when liberals are actually getting "scared".

This is why I voted against the guy. This is exactly what I though would happen.

We might consider moving to Honduras where they actually DO something when their president throws the constitution in the sh__tcan.

Whoa! Tigger is 'worried?' OMG! There is hope for the world!
Don't say we didn't warn you!

We ARE digging a hole too big. "Our INTEREST payment to service our $11,000,000,000,000 in debt now stands at about $26 billion. Per month. That's over $300 billion a year that will be sent (likely overseas) to our creditors instead of being used to upgrade our schools, roads, or national defense. Common sense tells us that is unsustainable--a country that cannot educate or secure its population is a country that will not be around much longer.

With our annual $300 billion in interest payments we could fully fund the Departments of Commerce ($8.1 billion), Education ($68 billion), Homeland Security ($42.3 billion), Housing and Urban Development ($52.3 billion), Energy ($23.2 billion), Justice ($25 billion), and Labor ($49.6 billion) for an entire year.

Where will all of that money come from? Again, the politicians say 'the rich!' or maybe 'the greedy corporations!'--but if that's our plan, we're set up for dramatic failure. The total 2008 profits of Exxon Mobil ($45.2 billion), General Electric ($17.41 billion), Wal-Mart ($12.7 billion), and IBM ($12.3 billion) totaled $87.61 billion. If we taxed those profits at 100 percent we still wouldn't have one-third of the amount needed to pay the annual interest payment--let alone any of the principal!"

And now Obama wants government--I mean, people-funded healthcare, with billions upon billions more spent that WE DON'T HAVE!

Good luck, because the unfunded liabilities of JUST Social Security and Medicare total about $100 trillion. Equaling out to, just to pay for those two, $330,000 per person and $1.3 million for a family of four.

I'm scared, Tigger, and we ought to be.

Good comments. But my point wasn't made clearly. I think all experts agree that we cannot 'good economy' our way out of this. It will take some sort of HUGE event to get even close to back on track. But this time (unlike the recession Clinton was left with) we need to increase our military, not decrease it. We have just been through the second near-catastrophic meltdown in financial systems. We need two things to have any chance. We need a huge cut in government spending and and huge new booming industry. What might those be? Of course, it would be good to stop this current spending. We haven't spent all 7 trillion yet. We could stop part of that from happening.