Obama Economic Policies Succeed In Spite of What the Right Says

To hear the right wing radicals tell the story, President Obama has been an utter failure. But the facts don't back them up. GDP is up, job losses are down. Unemployment is still unacceptably high, but employment always lags a recovery. So, it sounds to me like the only thing that is failing is the ability of the conservatives to tell the truth.

GM is stating they are paying back the $6.7 billion the taxpayers loaned them. The banking industry is paying back their bailouts.

That sounds like success to me. One bump in the road, President Obama is expected to announce a spending freeze tonight in the State of the Union. This is bad economic policy, in my opinion. This is what Herbert Hoover did and it lead to the Great Depression. I'm hoping all the criticism on this makes President Obama reverses course on the spending freeze.

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Health Care or 10 More Years in Afghanistan? Which Would You Rather Pay For?

Congressman David Obey has finally been raising the idea of paying for the war in Afghanistan. 10 more years in Afghanistan will cost $900 billion, about the same as the cost of health care for all Americans. Congressman Obey is finally saying America has to pay for its wars with a progressive tax surcharge specifically meant to pay for the war. Do you think the wealthiest people in this country are willing to pay for the war with 5% of their income? I think I know the answer. Let me know what you say.

Everyone Chill Out