Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Well, let's see. He took over GM, bailed out a bunch of worthless banks, flew to Denmark, ignores what's going on in Afganistan, and is spending most of his time ramming a health care bill down our throats that nobody wants. All the while unemployment has almost doubled and our taxes are going to go up by double digit percentages next year.
Well, let's see. He took over GM, bailed out a bunch of worthless banks, flew to Denmark, ignores what's going on in Afganistan, and is spending most of his time ramming a health care bill down our throats that nobody wants. All the while unemployment has almost doubled and our taxes are going to go up by double digit percentages next year.
Frankly, he earned it.
Great post. When I saw that someone had finally responded to the OP, I figured it would be a mindless drone saying how well Obama is doing. It's good to see that you know what is going in.
Look at where they both started then report back to us.
Obama was overated and has now fallen like a rock.
Reagan was underrated and become one of the best ever.
Obama was overrated and has become one of the worst ever and only in 10 months.
It is a joke to compare Reagan and this moron joke in the WH. One loved his country and one hates it. We both know who loved it and we both know who hates it.
So ... to be "one of the best" ... you need to maintain that 50 - 60% range?
With an occasional dip into the 40s?
Kinda like where Obama is now?
Apparently so.
Reagan was at 40% when the economy finally started turning around.
Obama is at around 50% as the economy is starting to turn around.
Pretty darned good actually.
The fact is ANY TIME the country goes through a severe recession the President's approval rating (WHOEVER he is) suffers.
As the recovery takes hold, that approval rating recovers.
It will be the same this time around.
last time I checked the economy wasnt going any where but down. Just keep listening to ur hero bam bam Ken no matter how bad it gets ull still say "Yes we can".
last time I checked the economy wasnt going any where but down.
Gee, that must be why 80%+ of the S&P companies reported earning that beat estimates and 60% beat their REVENUE estimates (indicating that it's NOT just increased profits because of cost cutting - but an actual INCREASE in sales activity starting to occur).
It must be why CEO after CEO (and economist after economist) has said publicly over the last few weeks that "the worst is over" and that they were boosting the 4th quarter outlook for their company.
"Warren Buffett says that, while the near-term may not be easy sailing, the low point of the economic downturn has passed, The Wall Street Journal reports."
"SAN FRANCISCO, California -- Google on Thursday declared the worst of the recession over and paved the way for a return to heavy spending on expansion as it reported a surprisingly strong 8 per cent jump in net revenues in its latest quarter."
Google says recession worst is over - CNN.com (http://edition.cnn.com/2009/BUSINESS/10/16/google.profits.ft/index.html - broken link)
"Caterpillar CEO Jim Owens believes this may be the low point for the company in the Great Recession.
The company sees reasons for optimism next year.
"We're starting to see good signs, encouraging signs. We have increased our sales and revenue forecast for 2010. So we're expecting to see a 10–to–25 percent increase in sales and revenues. Good signs are underway. So I think everybody is very pleased with the work that has been completed during these tough economic times," said Kate Kenny, Caterpillar spokeswoman."
Even those manufacturers that are not yet seeing improvement are generally at least seeing stabilization:
"U.S. manufacturers can't quite see the light at the end of the tunnel, but are growing more confident that they are not going to run off the rails.
CNBC.com
Honeywell International [HON 38.26 -0.27 (-0.7%) ] and Ingersoll-Rand [IR 34.81 -0.54 (-1.53%) ], which make products ranging from control systems for large buildings to air conditioners, told investors Friday that after a year of sharp declines in earnings and sales, they expect better conditions in 2010. "
US Manufacturers Grow More Confident Worst Is Over - Economy * US * News * Story - CNBC.com (http://www.cnbc.com/id/33450653 - broken link)
And all this is as economists have been predicting:
"At the beginning of 2009, many Americans feared an economic depression was at hand. In January alone, U.S. employers slashed nearly three-quarters of a million jobs.
Now, as the year's second half begins, most economists are saying the worst of the recession is over, and that slow growth will begin in the fall."
As I've said - we have bottomed out and are starting the climb back up. It will slow, uneven and painful at first, but it IS starting to happen.
Ken
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
