Obama: Economy to get worse before it improves

Discussion in 'Economy' started by Gunny, Dec 7, 2008.

  1. Gunny
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    Gunny Gold Member

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    He's talking a good game. I'd say if any, this is one he better deliver on.
     
  2. Care4all
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    Care4all Warrior Princess Supporting Member

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    i agree, and from your mouth to God's ears, may he be able to do something to help us....we will see, i suppose.
     
    Last edited: Dec 7, 2008
  3. Luissa
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    Luissa Annoying Customer Supporting Member

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    He knows he has to warn people otherwise he will be another Van Buren or Herbert Hoover! Some people don't understand our economy isn't going to be a quick fix and that he doesn't have super powers.
     
  4. wihosa
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    wihosa VIP Member

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    Anybody who has been paying attention knows that this is just the start of bad times. It's going to take time to clean up the mess left by a quarter century of failed economic theory.
     
  5. auditor0007
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    auditor0007 Gold Member

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    You say we have had a quarter century of failed economic theory. If our economic theory is failed, what theory do you suggest would be a good one?

    The truth is that our economic theory is a good one; the best available. If there is a flaw, it comes from people themselves for not saving money. We have one of the lowest savings rates in the world. I'm no different. We spend what we make, which is great, but everyone needs to learn to save something.

    Even with that, we would still have ecomonic ups and downs. But if people saved even a small percentage of their earnings, there would be a little bigger safety net for everyone.
     
  6. Steerpike
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    Steerpike VIP Member

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    The President does not generally have a great deal of impact on the economy.
     
  7. WillowTree
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    WillowTree Diamond Member

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    :lol:



    unless it's Booooshh :lol::lol::lol:
     
  8. user_name_guest
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    user_name_guest Member

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    Why didn't they pass the amendment to force government to balance the budget or don't spend beyond its means. Then we wouldn't have budget deficits and whatever surpluses should be kept for future budgetary purposes.
     
  9. Skull Pilot
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    Skull Pilot Platinum Member

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    I love how fearless leader to be, the purveyor of hope and change, the greatest orator of our generation can only say things are going to get worse rather than saying oh I don't know something like:

    My fellow Americans, be assured in this difficult time that we are working tirelessly to bring our country through these trials. I am confident that, while we face challenges ahead, America and her people will, with the indomitable spirit and perseverance that we have always shown, come through these uncertain times better and stronger than ever.

    You know something that inspires not dejects.

    Or......

    Could it be that fearless leader to be is trying to convince us all that things are so bad that we have no hope but to trust his grand schemes of a government that must grow to meet the needs of the people. He will swoop in on his winged white unicorn showering us with government programs and stimulus checks like manna from heaven. Oh hail Obama, hosanna.

    hmmm

    Inspire fear so that he can bring hope. Pretty slick huh?
     
  10. xsited1
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    xsited1 Agent P

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    He's right. Congress has a bigger impact on the economy than the President. Expect no relief until at least 2011.
     

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