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In the discussion thread: Crashing the economy [View all]

Response to SHRED (Original post)

Thu May 24, 2012, 08:48 AM

1. While the calamity was fresh in all our minds, I so wish

that Obama (70+ approval rating then) would have let the damned Bush taxes expire that first january, and reminded us all that we needed to start paying for all Bushie's wars that he never paid for.

I also wish he had approached the bank.real estate fiasco by resetting all current mortgages downward with vouchers that would be "cashed in" at banks..They would have gotten the same amount of money, but homeowners would have been aided as well, and property values would have come into alignment with interest rates.

Homeowners with money to spend, would have spent..and the extra tax receipts would have certainly helped our bottom line, and unemployment numbers as well..

It would have also taken away the GOP's bargaining chip.

We controlled congress until 2010, ans could have surely pushed through a stand-alone tax relief plan for people making less than $100K.. Combine that with real estate relief for home buyers and his approval rate would have remained high...and the GOP would have been flat on their backs & might have not made progress in 2010

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SHRED May 2012 OP
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SoCalDem May 2012 #1
SHRED May 2012 #2
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