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The media with all of this are just a bunch of modern day muckrakers. I did hear Obama hint that it was bad and it was going to take a while though.
You do know that if Kerry won last election things would not have been much different and McCain probably would have secured this election right? With Bush's unpopularity in the later years a lot of people just voted against the Republican party no matter what.
I know he's made mistakes but I'm a little sick of the "Let's hate Bush bandwagon."
I would've voted McCain if I was old enough to do so.
Location: Georgia, on the Florida line, right above Tallahassee
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Quote:
Originally Posted by mr.bond
The media with all of this are just a bunch of modern day muckrakers. I did hear Obama hint that it was bad and it was going to take a while though.
You do know that if Kerry won last election things would not have been much different and McCain probably would have secured this election right? With Bush's unpopularity in the later years a lot of people just voted against the Republican party no matter what.
I know he's made mistakes but I'm a little sick of the "Let's hate Bush bandwagon."
I would've voted McCain if I was old enough to do so.
What an amazing thread about economics and business.
Yes, the economy is not so good and unemployment is going up and the stock market and home prices keep going down, but I suspect that much of the blame for continued weakness is our own leaders. I am tired of President Obama telling us how bad things are.
There must be a way for him to acknowledge things are not so good but still tell us that things are going to improve soon and explain how our economic systems, workforce, infrastructure, systems and people will make things better soon.
I know most of my friends and family are cutting all spending outside of basic survival down to the bone and the result is we are not doing much to help the consumer based economy. The fear presented in the media and by our President has scared us to death and the result is a downward spiral until someone in a leadership role tells us that things are OK.
How can the media and our political leaders stop the downword spiral without lying to us?
One would think he is getting us ready for a serious fall.
Yes, the economy is not so good and unemployment is going up and the stock market and home prices keep going down, but I suspect that much of the blame for continued weakness is our own leaders. I am tired of President Obama telling us how bad things are.
He's been President for less than a week, how tired can you be?
Maybe he's just trying to temper peoples expectations that he can fix a decades worth of banking mess and a major recession in a couple of days!
If anything he is UNDERSTATING the dangers ahead. This economy has been false for decades and the longer it takes to crash the more devastating it will be.
This is my feeling too. I fear we are all in for a VERY rough ride - and I don't think any of us are fully prepared for it.
The economy is going to get back on its feet regardless of who is in office. The market is always one step ahead of the government and i guarantee that in the next 18 months the economy will start making progress. If anything, Obama is covering his own ass knowing that if things do get worse he can say "I told you so" and if they get better he will end up looking like a savior.
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