Quote:
Originally Posted by tripin_billie
I think for less than 2 years in, to have accomplished:
health care reform: I personally think that what was passed was mediocre and wish that it would have been more broad in its changes, but getting anything done on this issue in the US is near impossible
Stimulus funding: Again, this will come down to the role you see the Government playing in the economy, but it passing this showed a decision and execution
Wall Street reform: This one will be I think the best of the early accomplishments, but I do not like the exemption from FOIA that it appears to have given the SEC
Credit Card Reform Act: some needed rules for what is a very cut throat industry in the US in comparison to other countries
Student loan finance reform: again, another important one that I think will end up not only saving students money, but it should also be less expensive for the Federal Government than the current system
Is pretty impressive for an administration that according to many here is a failure because it is not in the gulf cleaning up private industry's mess - or at least having photo ops that make it look like it is.
Tough crowd I guess...
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And the deficit is in the trillions, the economy is faltering, and jobs are being lost monthly.
People don't give a crap about wall street reform when they're getting laid off left and right.
Its tough to say what the reform would do.
I was a bit confusing with the most recent sweeping changes made by Obama and the Democrats. Obama often spoke about the Canadian system, and how our regulations helped, and he seems to have forgotten completely about that.
More regulation does not always equal good results. You need proper regulation.