Friday, January 23, 2009

The stimulus proposals: Should there be any compromise?

Question of the Day: When one negotiates with an opposition position, should the solution which emerges be a blend of both viewpoints? Let me tell you why I think this is an important question. It appears that President Obama is in the middle of opposing strategies, between Democrats and Republicans, on how to fix the economy and ease credit. It seems there were 2 views from Republicans when President Bush and Paulson were running the show. One view was let them do whatever they wanted and we have confidence they will do the right thing. That resulted in a 3 page proposal, proposed by Treasury Secretary Paulson, which basically said "Trust us." Then there was another group of Republicans that said, "Don't spend the money to rescue. Let em fail and file for bankruptcy."

Just looking at those 2 positions seems to make any compromise from these extreme positions make both positions not work. That is the essence of the problems facing President Obama. That is with not even including the Democrats position on the matter. It seems to me that if everyone was truly scared again we might just forge ahead with one position in a strong way, be committed ti it and it might work. The other possibility is that we compromise each position to guarantee failure.

What do you think?

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