Barrel Strength

Samuelson notes the following in his article, “The Welfare State’s Death Spiral“.

What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven’t fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.

But you wouldn’t know this by examining Obama’s policies.  He continue to happily pile up the debt.  Is it possible that he is practising Homeopathic medicine on US?  One of the basic tenets of Homeopathy is “the principle of ‘like cures like’ – that is, a substance that would cause symptoms in a healthy person is used to cure those same symptoms in illness. For example, one remedy which might be used in a person suffering from insomnia is coffee, a remedy made from coffee.”  So the cure for a high debt is even higher debt.

A poll by McLaughlin Group noted the following.

The US Jews polled were asked whether they would: (a) vote to re-elect Obama, or (b) consider voting for someone else. 42% said they would vote for Obama and 46%, a plurality, preferred the second answer. 12% said they did not know or refused to answer.

In the Presidential elections of 2008, 78% of Jewish voters, or close to 8 out of 10, chose Obama. The McLaughlin poll held nearly 18 months later, in April 2010, appears to show that support down to around 4 out of 10.

What the poll fails to state is that most likely it is just Obama who has lost the support, not the Democratic party.  It is very unlikely that that “someone else” is a Republicans.