At the end of Regan's first year....

[Jarod]

When Obama comes up for re-election in 2012, voters are going to judge him based on their own situation, barring some unforeseen foreign policy crisis or something along those lines. It's going to be a wallet election.

They're not going to think about "where were we in 2009," or missed or made targets along the way, or what people were saying about Obama today.

I agree, thats not what should happen but its what will happen.

It looks to me like if that is the standard President Obama will get re-elected... (I want that to happen thus far, but not for that reason.)

 

[Cancel 2016.2]

When Obama comes up for re-election in 2012, voters are going to judge him based on their own situation, barring some unforeseen foreign policy crisis or something along those lines. It's going to be a wallet election.

They're not going to think about "where were we in 2009," or missed or made targets along the way, or what people were saying about Obama today.

Same for the 2010 election... it will most certainly be a wallet election (again, barring some unforeseen crisis)

 

[FUCK THE POLICE]

I think it would have been in the same place, and that the February drop wouldn't have happened without his fear mongering. We've been running in place and throwing money at a problem that will resolve itself. Now, I think it would have been less had he given a tax credit for actually hiring people to work.

I am dissatisfied and certain we could have done better with the right policies.

Anyway, it is the reason people "blame" Obama. He promised something, didn't deliver, and has tried to pass the buck for his failure.

The problem won't solve itself. The problem is a failure in effective demand.

 

[Damocles]

It is easy to Monday morning quarterback.... Damo, what are your opinions about what is comming next? What will happen with the Economy based on what President Obama has done?

I think he has set us up for a long period of low growth rather than a recovery. Basically another "jobless recovery".

Recoveries of the past after downturns always had record growth, the deeper the dive the faster the growth. I predict that we'll have some growth, but still have high unemployment and a feeling of stagnation will prevail. I also predict that the administration will never once look to the past for what was successful and will only maintain that even that small growth is an achievement and that this will be promoted as "good" by the kool-ade drinkers.