By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression. Millions of jobs that Americans relied on just a year ago are gone; millions more of the nest eggs families worked so hard to build have vanished. People everywhere are worried about what tomorrow will bring.
Because each day we wait to begin the work of turning our economy around, more people lose their jobs, their savings and their homes. And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.
This is Obama now:
A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we’re down on the dumps,” Obama said. “And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment.
I don’t think things are ever as good as they say, or ever as bad as they say,” Obama added. “Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They’re not as bad as we think they are now.
“And my long-term projections are highly optimistic, if we take care of some of these long-term structural problems.
So which is it? Is the USA economy going down the toilet or isn't it? Remember prior to the September 2008 debate when John McCain said "...the fundamentals of our economy are strong..."? And the Obama piranhas jumped all over him and called him out of touch?
How in the world could we be in such dire straits a month ago and now all of a sudden the economy is all rosy again? I'll tell you. Obama is too busy pushing his socialist agenda and doesn't really know what he's doing as far as the economy is concerned.
Wow~what a mess! Loved the post and the title!
ReplyDelete