Stop the panic and do the reading PDF Print E-mail
Written by Daniel Shin   
Monday, 02 March 2009 15:58

“Still, there is a lot that's unsettling about what looks and sounds like a spending spree amid the worst economic meltdown since the Great Depression.”
Democrat and Chronicle

Granted that President Obama’s new budget proposal might be a risky and quite costly, but that should only be the initial reaction to those who have the capacity of doing the research and formulating a more informed judgment later.

It is easy to speculate on a proposition and give petty criticism to which might seem to count as a legitimate concern, but from a newspaper standpoint it does not add anything but noise.

The worry about the new budget that amounts to $3.6 trillion is justified, but any subsequent comments regarding the proposal, such as labeling it as a spending spree, are not anything more than stick figured opinions.

I say worry, but do not make any further judgments until the details of the plan are released by the administration and digested by our concerned eyes. I am sympathetic to those who might readily label the new budget with sets of politically coined vocabularies, but beware that those individuals did not have complete access to the thing that they were criticizing against.

It’s all about speculation.