Our Troubled Economy Is a Response to Barack Obama's Policies - WSJ.com
You rarely if ever hear him speak well about America and its ability to right itself. Instead we hear Obama talk about government being the only institution capable of getting the American ship back on course, full speed ahead.As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem.
Americans have welcomed the Obama era in the same spirit of hope the President campaigned on. But after five weeks in office, it's become clear that Mr. Obama's policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to squandering scarce national public resources, Team Obama is creating more uncertainty and less confidence -- and thus a longer period of recession or subpar growth.
Every action has been the opposite of what has succeeded in the past, and is designed to screw people with some wealth.
To me, Obama is the Captain of the Titanic. He's doing most everything wrong on the economic front, ignores history and the socialist ship he has set sail with has about the same quality rivets (faulty) holding it together as the Grand Ship itself.