Presidential Debate
Even though I am not supportive of either candidate, I decided to watch the debate tonight.
It is interesting seeing McCain continually saying that the economy is alright, and that he is fully supportive of the bail out plan. Then you have Obama, who is there over analyzing the situation. While I am glad that Obama is trying to take a look at Main Street over Wall Street, I think it’s more of a show than anything.
Government intervention is not the solution here. We need to let the markets work themselves out here and reboot. Times will be tough, but government intervention will only make the problem worse later down the road.
If we as a country can live within our means will will do fine in the end. Quasi-Socialism is not the road that America should head down in my opinion. We’re at the fork in the decision, and one choice will make it really hard for us for the next 5-10 years. If we choose the other, things may be fine for the next 5-10 years but it will only snowball and be even worse when we’re in the next situation.
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