Tuesday, July 21, 2009

My Thoughts On The Waiting Game

I really agree and understand what the author is saying in The Waiting Game. I think it is very important that you know what is going on and what needs to be done in our economy. The points of interest that the author points out are very important ones. "It is true that more time is needed to show results for policies that are currently in place, including stimulus spending, foreclosure relief and the bank rescue. But it is also clear that joblessness and defaults are worse now than was assumed when those policies were formed. So the need for more federal help is all but inevitable, as are political fights over renewed aid. President Obama may want to avoid those battles until health reform passes, but he still should lay the groundwork in three main areas: Stimulus Spending, Foreclosure Relief, Bank Rescue." I think the intended audience is mostly unemployed, people who have lost their homes to for closure, people in the baby boomers years, and the people who elected Obama to office and are wondering what he has and hasn't completed in office. Also the author's claim proves and brings up a good point, "So why exactly is the Obama administration waiting to act?" This article makes you look back and think about the promises made in the policies and how many of them have been fulfilled. The author brings up a good point about how Obama is waiting till the heath reform passes, but while it's a waiting game, shouldn't the Government be preparing for the next challenges?

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