| He's not incompetent. He's also not ruining the economy.
Right now there's not a whole lot of difference between the Obama administration and the last four years of Bush's. This is mainly because you have the same Congress. Congress has the purse strings, the POTUS does not. The POTUS actually has very little power. Too much credit is given to the POTUS when something works and things are good, and way too much blame is placed on him/her when it doesn't and things are "bad."
Right now it looks to me like Obama is walking an ever-thinning tightrope while juggling 20 bowling pins. He's keeping these pins in the air while walking the tightrope ever slowly. Until he starts dropping some, or some of them are no longer in play, we're not going to really know the man and what he's really all about.
I made about $15,000 in the stock market yesterday, from speculative investments made last Thursday. I am going to take that profit and speculate again, on more weak stocks. If I am doing this on this pitifully low level, imagine what the high rollers are doing. This is why you have the instability in the markets IMO.
Imagine the economy is the Atlantic Ocean, with all it's size, complexities, currents, saline content, everything else, then imagine Obama or any other POTUS is a dude on the beach windsurfing or water skiing. Or fishing. Then you get the picture of really how insignificant the POTUS is on the economy.
Now imagine Congress is a hurricane in that ocean that never dissipates.....
And then you'll understand. |