Moon Kil Woong

Why Do Two Wrongs Have to Make a Political Compromise?

Spending increases and tax cuts are not a very good way to reward all those who are lending to the Federal government. Maybe they are thinking, screw the foreigners that hold treasuries, however, they should realize most treasuries are held by the very banks and citizens they are trying to help.

The key to any stimulus plan is stability and a stable treasury market at preferably low rates. You risk ruining that with every unbalanced budget that takes more of GDP and puts it into some bureaucratic morass. That is unless it actually goes to doing something of clear value using economies of scale (post office). So far, that has not happened since the conception of the Corps of Engineers (the post office and armed forces was written into the constitution).

I am for a streamlined medical system. Whether it be socialized or private companies operating under a unified body of rules is debatable. But the US clearly has a bureaucratic inefficient morass of a health care system now and it should be reformed. It is adverse to the public's interest to the point of actually harming the patients it serves.

I wish Obama luck on this one. So far many people have tried. Tried and failed.