Monday, March 23, 2009

Assignment # 8 rmiskelly

Critics of the Obama presidency say that new legislation is changing our government from capitalism into socialism. In reality, though, the stimulus package our president signed is making our private sector more competitive. By injecting money into the public school system and healthcare programs, we are making them more humanized, a characteristic of socialist leadership.

Harold Meyerson of the Washington Post concludes that it was "our own damn system" which "blew up." A more social capitalism seems needed to comb over this mess. In speaking to a conservative audience, Harold maintains that this a worldwide crisis.