Obama's Way Out of the Recession Could Lead to Inflation

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AOIKRv

Pxymretd of NV 1:42AM July 15, 2009

What about many international students who dream about America, take huge education loans back home to pursue their higher studies in America? They are jobless, failed and returned back home with heavy debts? Spending money brought from back home in US only with the hope that they could do better in life and achieve their goals and ambitions has now left in the minds of every international student that they had taken a very bad step in their life. If Obama doesn't take a wise decision soon no body would dream about America in future.
Atleast people who spent huge money to complete their education in US should be considered and given a chance to get a job and work in US untill their loans get cleared.
Extending the OPT 12 more months for STEM students was a wise decision but students are still jobless and many returned back home without a penny. Many students who returned back home during their OPT period have to go through the whole new process of finding an employer and waiting for the employer to sponsor. There are many fake employers who collect money from students and still dont give their H1B's.
Moreover Obama's decision not to provide jobs to H1Bs and to stop outsourcing is not wise. If new rules keep coming up whenever the leaders change what happens to the commitments made by the people who had great dreams and hopes.
A decision should be taken on international students who spent a lot of money to pursue their studies and who are in heavy debts now and returned back back jobless.
If something is not done soon no body would ever prefer going to USA to pursue studies.

RMU Student of PA 5:53AM July 14, 2009

At least you're looking ahead and there is sign that the economy is at least stabilized if not starting to recover. Inflation would be nice only to worry about, but we have yet to put out all the fires let over from the Bush Administration and his rubber-stampin' GOP congresses.
If you really want to worry about inflation, get on board in making healthcare reform happen.
Healthcare costs in the US have been rising at 15% to 20% a year. The average American has not seen wages increase in the last ten years, but their companies have been having to cover the 20% increase in Health insurance costs - essentially eating wage increases in the black hole of healthcare costs. We're paying twice the cost of any other western industrialized country and still millions here are uninsured. Healthcare should be one of the elements factored into the equation that inflation is calculated.
Healthcare will continue to be an anchor on our economy unless we can get the resolve to fix it now.

Paul of WA 1:23PM June 22, 2009

Is Bonnie Erbe a two ply or three ply toilet paper user?
Why does she write her articles on the can?

Joe of DE 3:30AM June 17, 2009

We as a Nation have made a HORRIBLE choice that not only will NOT "fix" our recession but will leave our GRANDCHILDREN in debt and cripple OUR economy for years to come.
If FACT, the Obama/Pelosi/Reid Trinity have WORSENED the "inherited" problems by scaring the hell out of EVERY hard working entreprenurial AMERICAN.
The US Government is the most inefficient and wastefull organization in existence. WHY in the world can ANYBODY believe THEY can make things better?
Especially OUR medical care!

Chris Petty of GA 11:07PM June 16, 2009

We need to spend what we don't have, print money, increase the deficit, pay for the "green-socialist agenda", create "make work jobs", raise taxes on business and capital gains, take over and regulate the hell of business.
Say, sounds like the kind of plan that Mao would have loved.... Maybe Obama can call it, "The Greater Leap Forward".

R.L. SCHAEFER of CA 6:43PM June 16, 2009

You know what you might try doing when you don't have anything to write about? Don't write anything.

B Foster of VA 6:14PM June 16, 2009

Republicans think they can ride in next time and cut THE REST of the taxes on the truly wealthy to near zero and that will fix everything--in their minds anyway. You know, no capital gains tax, no estate tax, slash the corporate rate--the remedies recently touted by Gingrich.
I would advise Obama oppositely. I would advise him to find as many ways as possible to spend or commit as much money as possible, especially on infrastructure and health care reform.
Instead of the tax cutters starving the budget (which is what got you in this mess), we need the permanent spending commitments to starve the possibility of electing the tax cutters.

Muser of NM 5:07PM June 16, 2009