I think we have yet to see the worse in the financial market... right now, corporate leaders are cringing during his speech
I feel sorry for anyone that works for themselves right now. We are about to get destroyed.
Agree on all accounts.I liked how in his "victory" speech he said that change might not happen in the first year or the first term. How can you base your whole platform on change and then say well it might not happen. I told my wife I'll give him a year before I start b*tching about him. After that he's fair game.
people use that word much to often... we are not in a recession my friend, the word has an actual definition. Two consecutive quarters of negative GDP growth. We may have a slowing economy, a bad quarter followed by a standard quarter but we are not in a recession.From the outside looking in, the USA population has had a gut full of Republican policies which has left the country in a serious recession which may lead into a depression...
Gasman...thats a gas. On a more serious note, how will Obama be judged if people see no or little change within say a 6 month period from now? My take is that he will focus on programs to get money into the hands of people who spend or have morgage problems not so much into the hands of people who save. If people spend other people keep their jobs, if the spending decreases guess what! The time to save is when times are good.After having a day to swallow everything that just happened, I think im going to wait and see what Obama does until I start complaining. The way I look at it is that I already run a business in the ridiculously regulated state of California, how much worse could Obama be, except for when he increases our taxes. But other than that, I will survive. After all, I dont think he will start taking our children and putting them in Olympic training camps(like other communist countries do) until at least his second term.