Is Obama leading the US to financial mess much like California is experiencing now?

California may be a liberal minded state, but the voters have spoken against the high spending and high taxes style of governing which is the same method of Obama.



It is now 6 months into the new administration and I certainly do hope that the distraction tactic of blaming President Bush is not the cop out answer we continue to hear for months and years to come.



Considering how California has a GDP higher than many nations around the world, how can Obama's governing succeed where California failed?Is Obama leading the US to financial mess much like California is experiencing now?No, he's trying to address the severe economic problems that 8 years of bad Republican policies have left behind.



If California received a fair percentage of its federal tax contributions in federal spending, California would be rolling in money. Supporting other states through the federal tax system has been detrimental to the interests of the state and that situation must be addressed now.Is Obama leading the US to financial mess much like California is experiencing now?
Naw. He's just adding trillions to our current debt of $11T.



What could go wrong?Is Obama leading the US to financial mess much like California is experiencing now?Yes!
yes and no..... the Fed and congress have since 1913.Is Obama leading the US to financial mess much like California is experiencing now?Same template.Is Obama leading the US to financial mess much like California is experiencing now?
Didn't this mess exist before Obama even took the oath?
Yup. We are sO screwed.Is Obama leading the US to financial mess much like California is experiencing now?
Just wait until inflation hits. Right now we are borrowing 50 cents of every dollar we spend. Obama's own numbers have the federal debt doubling because of his budgets, 'stimuli' and bailouts.



Inflation will come and it will be crippling. Remember the 70's under Carter?
Get ready America bend over and take it like a man or a women!
It can't. The same economic laws that govern our everyday lives holds true for governments as well. When you spend more than you make....you go into debt deeper and deeper and eventually have to file for bankruptcy.



The biggest problem that the citizens of our country face is that the government WILL NEVER go bankrupt....because they can pay off their debts by INCREASING OUR TAXES. Not until they take 100% of what we make will they be forced to take their only out. Stop spending.
It is obvious Obama is not working for America or America's good interest.





Wake Up America!



Freedom isn't Free, a lot of people in over 200 years have fought and died for that Freedom to have it recklessly voted away in an election by uniformed voters.



The support and election of Barack Hussein Obama desecrates the graves of those Americans who fought and died for that Freedom.



Barack Hussein Obama shares a dream with current World Dictators for a Post American World.



Barack Hussein Obama said in his book 'Audacity of Hope', “I will stand with the Muslims should the political winds shift in an ugly direction what better place for the Muslins to control our country, than in the office of the President of USA.”



A person can’t truly love America and Obama too, for to truly love one is to truly hate the other.



May God protect the American People and the Free World from the Democrat Party and Barack Hussein Obama.



May God enlighten Barack Hussein Obama’s misguided followers and let the see the real evil truth about Barack Hussein Obama.



Semper Fi
I was just talking about this with a friend. California is probably the least business friendly state there is. They deserve everything they are going through.



Additionally they could solve a big chunk of their financial woes by drilling off the coast and they refuse. So that hurts the rest of us.



And yes, Obama will expand their philosophy to the detriment of the entire country.
yeah, but multiplied 50 fold.
I think so.



Anytime you are spending trillions more than you are getting in revenue, it is a recipe for disaster.
First of all, Obama is leading us OUT of the financial mess that the conservatives caused with their demolition of regulations.



Second of all, California has refused to raise the taxes necessary to get it out of trouble.



Third of all, California has a Republican Governor. If the State has failed, it's because he has.



That's the difference: We don't hope the opposition fails, we only suggest that it will, and point out when it has.



At least Arnold cared enough about his State to accept the stimulus money, unlike Governor Secession in Texas, that dimwit Sanford in South Carolina, Kenneth the Page in Louisiana and Hannah Alaska.
It is not going to work. That's the bottom line. But-in all fairness-Bush killed capitalism in America by bailing out private industry. The Governator is not a Republican despite his party affiliation and Bush became a RINO like Arnold is during the last few years of his presidency. But, the ridiculous spending has been going on for decades.



The problem I have with Obama is simple, but twofold. First-he has spent more than any other president in history and Second-he has usurped more power than our founding fathers believed a president and/or the whole of the federal government should be able to have.



I think Obama is in over his head...he said it himself, the "spending is unsustainable." But, like the Democrats like to say about Republicans-they are not offering any ideas on how to fix it. Obama's plan to "cut taxes for 95% of Americans" is obviously not happening-in fact, the opposite will be true. All of our taxes will be raised, not this year, but it's coming-make no mistake about it. California keeps spending money on illegal immigrants, on outrageous social programs, and other BS stuff-it is about time the people of California had a say. They voted to stop the spending! Thank God!! But-as you can see-it is too late. So on top of Obama's soon to be tax increases, the rest of the good people of America will be paying for the poor financial decisions of states like California, NJ, Massachusetts, etc..how exciting.
You are wrong. California is a Republican state. Blame that mess on the Republican Party. Give President Obama time and he will succeed. Distraction tactic ?? The truth is the truth, so how can that be distracted, Bush needs to stand in front of all Americans and tell how this mess got so big. Just think about how you would like to take over a nasty mess, like Obama did. It is not a cop out, it is nasty reality.
It already has been ruined. It's our grand children and great grand children's dilemma now. Thanks to Obama. If his brilliant plan worked, why are we seeing massive lay offs still? Including John Deere and now the Health industry ! Who woulda thunk it.
no, I think Obama is trying to get the US out of the quagmire that it is in.
debate it on disagreewithobama.com
No. He's not.
America is IN a mess caused by bi-partisan excess of the last ten years. What he is doing is positive, but may be too little, too late.
Sure looks that way to me. But actually it is only 4 months into this administration, not 6 . You count like barney frank