But the fact that Obama has spent more than every president in history combined bothers no one? >_>
You have to account for inflation to get a realistic comparison.
Or about Supreme Court judge Alito who belongs to La Raza who think of themselves like the Aryans thought of themselves during the Nazi regime.
Just so you know, Alito was put on the Court by Bush.
I still don't see where people get the idea that Obama has helped the economy. The economy is still in the dumps and still declining at a rapid pace. But I will give it to the people that too early to judge him on economic issues still. But what I can disagree on is spending 1.2 Trillion. The money is to get the economy circulating again? Bull shit. What do people do when they're in debt? Spend more money? No, they try and save as much as possible and try and pay it off the debt. How are we supposed to pay this increasing debt off? Of course the tax payers are going to do it. Exactly what we need in a failing economy, more taxes.
In general, many economists believe that deficit spending is good when the economy is down and can be used to kick start things, but that we should pay down the debt(or at least run below the sustainable deficit) during times of relative economic prosperity. Unfortunately, this never happens since dems spend money like crazy and the GOP cuts taxes regardless of how appropriate it might be.
In addition, Obama used part of the trillions he spent on buying banks and GM. This scares the shit out of me because every dictator in history seized banks at the beginning of their careers. Call me paranoid, but that shit is stinky... Not only that, buying the banks and GM didn't do jack shit except keep the drowning companies afloat for a little bit. They aren't doing any better than they were before.
The TARP? There are certainly arguments against it, but I think claiming that it's a nefarious plot takes it a bit far. There has been some caving in to populist anger, but for the most part, the government hasn't really been trying to manage their acquisition and the plan is to sell back the subprimes at some point.
I think Obama has been a bit timid on certain issues where I think he should be bolder, like Guantanamo and torture and his foreign relations have gone pretty well so far. It will take a while to see what his economic plan accomplishes, if anything.