For one thing it's clear that Obama does not seem to see the problem. In his news conference on Wednesday, he blamed the economy foremost. Does he see it? I'm not certain. Only the weeks ahead will tell. Will he compromise? Not certain?
Our Government was designed to encourage gridlock. Governments can do foolish things that cause ripple effects that effect everyone. That's why the founding fathers made it so difficult to get anything done. Witness the recent infusion of billions of dollars into the economy by the Fed. Will that cause later inflation, and the devaluing of all of our property? Most certainly. Should we buy gold? Not certain.
The Republicans are boasting how they are going to repeal "ObamaCare." Big mistake. As I see it, the public approval rating is about 50% now, and let's face it, we need to do SOMETHING! The best approach would be to modify it. There are some provisions in this law that look reasonable like stopping insurance companies from denying "preexisting" conditions. Of course, it will cost us something, and we need to pay for that.
The recent comments by the Deficit Reduction Commission were genuinely frightening. Not the report itself, but the public's response to it.
I think the most important response to this recent election is for the public to try to realize that we need to stay in touch with our Congressmen and women. Don't crawl back into our caves, and watch more TV. Call them, write them, email them to keep them aware of our thoughts.
Finally, the Congress people must LISTEN! They didn't listen when they passed the "unread" health care law, and that is unacceptable to their constituents. The electorate won't stand for so much arrogance. I think we all did a splendid job in demonstrating that in the last election.
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