If y'all want to say, "Oh it was the Navy Seals who did it, not Obama"; go ahead. But you appear to be hypocrites (which you are) when you blame everything bad that happens on Obama (because he's President), but won't give him credit when he does something good. You're just revealing your own ingrained bias against him.
Obama did spend money to turn the economy around. He had to. So - by the way - did Bush. ($1.4 trillion deficit for the 08-09 fiscal year - the largest ever.) That's what happens when you've got nearly a million people losing their jobs every month and the worst financial crisis since 1929. I don't blame Bush for that. (Well, I might blame him for some of the policies that contributed to the crisis in the first place, but I don't blame him for the deficit.) I didn't like Bush. I didn't like what he did in Iraq. I didn't like his style. I didn't like anything about him. But I'm capable of admitting when he's done something right. TARP was right; and he did it.
You say, "Well, maybe everything would have been ok even if the government hadn't stepped in."
Well, maybe. But that's not what anybody was saying at the time. Do you remember when the stock market dropped 50%? When the Dow was losing 1000 points PER DAY?
Do you remember anybody coming on TV and saying, "Hey, maybe it'll all be ok if nobody does anything"?
I don't.
Where were all these free-market people then?
Claiming NOW, that things are getting better, that they would have gotten better ANYWAY, is easy to do, and impossible to disprove. But what we know is that things sucked. Obama did what he did. And things improved. The rest is just speculation.
If you really things would have gotten better without any intervention, Why? How? When? How do you know?
Waiting until things get better, and then claiming the medicine wasn't needed seems kind of pissant to me.
There were actually quite a few economists who argued against the Obama Stimulus, Sun. They simply didn't think it was going to be effective the way it was constructed. I agreed with them at the time because I didn't see small tax rebates to everyone, coupled with extensions of unemployment and propping up public sector jobs as a means to make the economy grow which is what the Stimulus SHOULD have been about. What we needed to do was reinforce the financial sector...which we did with TARP, cut government spending so we didn't get a credit downgrade, and above all else...not threaten to impose further burdens on the growth of businesses like the Obama Administration did with ObamaCare, DOJ lawsuits against Gibson and Boeing, new EPA regulations on greenhouse gasses, Card Check and Cap & Trade legislation, and higher taxes on anyone makeing over $200,000 a year. You don't grow the economy by beating up on the very people who have always made that happen...but yet that's exactly the thing that this Administration did time after time.