Yes & President Obama deserves some credit.
No & now it's due to President Obama.
Yes & President Obama deserves no credit.
No & it's till due to the mess that President Obama inherited.
My thoughts are that any so called 'improvement' resulting from the infusion of Federal money, from either the Bush or Obama administration, will be a short term shot artificial boost, not any sort of long term solution.
The government is not living within its means and that does not bode well for the nation.
And ain't no one, Obama included, looking at putting in the regulations and safe falls to prevent this again. Basically corporations learned they can be as reckless as possible and if they break the system, the tax payers will bail them out. So yeah, thanks Obama.
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
Absolutely not, the government is spending money like it's going out of style and the idea of a "jobless recovery" is asinine. Until we have a massive influx of new jobs that can fuel a true economic recovery, all we're doing is a bunch of hand waving and misdirection.
Yes, and it's got little to do with the president(Yet I said that he does deserve some credit) and more with the natural flow of the financial system.
"The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis."
Any recovery we have that doesn't include a permanent reduction in our overspending is only putting off the inevitable.
Yes it is slowly improving. Nothing substantial but at least it's not getting worse as of a few months ago. Companies are reinvesting and houses are being bought. Now we just need companies to get their budgets approved for 2010 and they can start hiring again.
Obama did nothing to take credit for an economic upturn.
"Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
- Warren Buffett