You folks are having a good discussion and I noticed this in this morning's WSJ and just inject it into the discussion...

It's the Spending, Stupid

I'm convinced that beneath all the economic turbulence in the land is anxiety that's been building for years as public spending has continued to grow. What was a chronic "concern" has exploded this year into a broad public movement—in Washington, California, New York, New Jersey and indeed across Europe. This isn't "concern," Mr. President. It's a crisis.

In the article, the President is quoted as talking about how he understands the feelings of the voters and said...

""They saw the Recovery Act," he said. "They saw TARP. They saw the auto bailout. And they look at these and think, 'God, all these huge numbers adding up.' So they're right to be concerned about that."

The writer adds this to the President's statement...


"And the president didn't mention the two $3 trillion-plus budgets passed on his watch or the trillion-dollar health-care entitlement. They, the voters, are not "concerned" about Uncle Sam's spending floating toward the moon. They are enraged, furious, crazed and desperate.

http://online.wsj.com/article/SB1000...pinion_LEADTop

Isolating just one thing is not sufficient for this discussion. It is the path we are on !