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Not only that but W was handed a war that Clinton refused to deal with. Barely a year in office and the center of the US financial world was attacked
No he wasn't. He didn't need to invade Afganistan or Iraq. And I guarantee that if he had still done everything else he did aside from invading those other countries, we still would not have seen a major terrorist attack on American soil in the years since. And with Iraq, he ended up just pissing them off more. I'm still waiting for some good justification for fighting that war.
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No he was handed a faltering economy and has used that as an excuse to take control of the banks and the auto industry
As far as the banks go, this isn't a bad thing. As far as the auto industry goes...we'll find out in the coming months and years whether or not it's a good thing or not.
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If the people were confident in Obama's plan the economy would be reacting positively.
Not necessarily. During The Great Depression, both Hoover and FDR did a lot to try and fix the economy then and it still took years for it to finally come back up. Obama is doing what he feels is right, only time will tell whether or not it was the right thing for the economy in the long run. The economy isn't going to be fixed tomorrow, or the day after that, or next month, and maybe not even next year, but by taking the steps that have already been taken as well as those yet to have been taken, we are making sure that the economy won't be **** forever. It will recover, just not in such a short time. Anyone who thinks otherwise knows even less about economics than I do, and I know next to nothing.
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As it stands people are now seeing Obama for what he is and are scared sh*tless.
Recent Polls:
Fox News Rasmussen Reports:
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Overall, 58% of voters say they at least somewhat approve of the President's performance so far. Forty-one percent (41%) disapprove.
Gallup New York Times
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While the public seems prepared to give Mr. Obama time, Americans clearly expect the country to be a different place when he finishes his term at the end of 2012.
The poll found that 75 percent expected the economy to be stronger in four years than it is today, and 75 percent said Mr. Obama would succeed in creating a significant number of jobs, while 59 percent said he would cut taxes for the middle class.
The survey found that 61 percent of respondents said things would be better in five years; last April, just 39 percent expressed a similar sentiment.
The telephone survey of 1,112 adults was conducted Jan. 11-15. It has a margin of sampling error of plus or minus three percentage points.
The poll suggests some of the cross-currents Mr. Obama is navigating as he prepares to take office, and offers some evidence about why he has retooled some of his positions during this period.
MSNBC I'm tired of posting links and quotes from articles. I think I've got a half-decent mix of sources there.
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You people think the current economic situation is due to a failure of capitalism?
No. I think it's due to several different problems and issues that were left ignored over the last 10 years. I'm not going to get into them though because I don't want my post to take up an entire page.
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No wonder most of you aren't in the top tax bracket.
I'm not in the top tax bracket because my parents weren't rich, I had just slightly above average marks in high school, I don't have money to go to college, my credit rating is neither good or bad so no one is about to give me a student loan, and i live in Thunder Bay, ON. The only people here in the top tax bracket are those who either won the lottery, or were born into money.
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You're a f*cking idiot. When the govn gets out of the way profitable companies step up.
Yes, they step up, but with no government intervention or control, they do the same ******** that helped create the current economic situation because the people who run these companies prefer to line their pockets instead of make their product any better, serve their customers any better, or pay their employees any more than minimum wage(which is quite low in many states and nearly impossible to live on with all the added expenses that come with living in the USA).
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And most people are idiots.
You don't give enough credit to the people of your country.
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No the US govn is just telling the companies they buy which cars they are going to be making and using take payer money to buy them for govn officials.
The US government should be telling the companies to make cars that are more easily marketable to the average consumer. As far as that lest part, SOURCE PLEASE.
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Tell me again how much you earn annually? I need a good laugh.
I don't know about Ambrya, but last year, I earned approximately 24k. It will be slightly less this year as I do not work 3 jobs or run a business anymore. But that's a different story. How much someone earns has nothing to do with how well read they might be about a certain topic.
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That's exactly what they were doing.
Umm, I don't understand this part. Clarify.