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Anti Big Government Tea Party Needs Economics 101.

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So the Tea Party is concerned with "Big Government" and most tea partiers think that Obama is expanding the government at an alarming rate. They rally for their city, state, and country to reduce spending mainly in the form of deep cuts to social programs.

They are terrified of where our country is headed and worry that their grandchildren are going to carry the weight of our debt. And they blame Obama and direct all their frustration towards him. Any reference by Obama to "inheriting" the problems we have now are met with cynical taunts that Obama doesn't ever take responsibility for anything and that he just blames former president Bush.

How do they come to such an uneducated, irrational, and even lacking in common sense conclusion?

Obama did not create the current economic crises. That is an indisputable fact. The crises happened before his election. The first bank bailout was rushed through by President George W. Bush without even one regulation or requirement attached to it. Unemployment was at 8.1% when Obama took office, and amid an economic crises, recession and two left-over wars, the unemployment rate has gone as high as 9.7% (the highest unemployment rate in the post World War II era was 10.8% - and that occurred a couple of years into the Reagan term of office) and is now 9.5% and projected to improve as the economy is growing.

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I am just a person giving my opinion, although I have been accused of working for the Obama administration in voilation of the FTC (lol). I love reading differing views and trying to seek out the "needle" truth in the media "haystack". I'm (more...)
 

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