October 6, 2009

As Job Loss Rises, Obama Aides Act to Fix Safety Net - NYTimes.com

As Job Loss Rises, Obama Aides Act to Fix Safety Net - NYTimes.com:

Politicians of all stripes pour on the spending when they are threatened with removal from office. The ideas apparently being tossed around byTeamObama would add $100 Billion in spending next year, raising the deficit even higher.

While I have little admiration for most politicians, those who truly serve the best interests of our country are few and far between. Most want to retain their power at all costs. Is it time to revitalize the idea of term limits? We have far too many professional politicians and precious few statesmen.

"With economists forecasting that unemployment could hit 10 percent before job growth returns, perhaps in mid-2010, Democrats face month after month of bad news on the jobs front in a midterm election year, when a president’s party typically loses Congressional seats. Charlie Cook, a longtime nonpartisan election analyst, said last week that he was raising the odds of Democrats losing their House majority to about 50-50."
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