 egoldstein says: Come on now...isn't it a bit premature to be claiming that President Obama's decisions have not worked. And isn't it a bit absurd to be complaining because we don't have "prosperity" back. I really think this notion that prosperity is an entitlement for Americans is ludicrous. We had our prosperity and we got drunk on it...and now we're paying for it. The idea that we can just have it back seems like a load of you know what. I have no idea if Obama's economic decisions will prove to work or not...but i do know that politicians who are already ranting and raving that they "haven't worked" are doing nothing to help the country. I agree, give the man a chance! Bush inherited a recession too. I remember patience being in short supply. Bush ended the recession very quickly. Not with debt and government spending, but tax cuts and increases to federal treasury. But if we should patient, then how patient should we be? Obama is far behind his pre-stimulus projections. How patient should we be? Here are recent recessions and their lengths. 1929 lasted 43 mos. 1937 - 13 mos 1945 - 8 mos 1948 - 11 mos 1953 - 10 mos 1957 - 8 mos 1960 - 10 mos 1969 - 11 mos 1973 - 16 mos 1981 - 16 mos 1990 - 8 mos 2000 - 8 mos Revised determinations say this recession started a year ago, Masbury says it will last thru this year and that next year (2010) is optimistic (Th... Prosperity is created. It is not an entitlement. No one who creates their own prosperity would ever believe such lunacy as this. You know who got drunk? The elected leaders who created absolutely NOTHING and used the prosperity of others to create unsustainable government welfare programs and intrusions into individual soveriegnty! |
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