[QUOTE=Grant;1061172591]Owing a lot of money is not demise. And you can't pay it back faster either. So, you stop the bleeding and start paying down like anyone would do. You do this by raising taxes and cutting spending.
Really? You think the $16,000,000,000,000 debt will somehow be paid plus the $60,000,000,000,000 necessary for future obligations will be met? Where will this money come from?
No doubt, and that's not being denied. When George Bush raised the debt his popularity shrunk to the 20's. That should have been the same with Obama.
How so? The private sector is struggling or leaving the country. It's the bureaucracy, public employees, and the politicians who are doing well.
Who is doing that? But with Obama we have a dismal record and the majority of Americans voted for the same dismal record and more of the same, and this time Obama need not fear of re-election. He will indeed be "more flexible", both domestically as well as with his foreign policies.
Now, th peri ate sector bet on failure and therefore helped create the mess. They did this world wide and are responsible for problems here and abroad. As for leaving, you can appease them enough to stay, not really. Sure, we can eliminate all taxes for them, but they'll still leave. We need to work for pennies. So, you may praise their bottomland as they leave, but they hurt the country and contribute to problems we face.
Presidents don't control this. What influence they have is minimal. So to be whining about the record as if he did, is, as I said is ignorant or wildly partisan.