I don't blame Obama for the bad but I will not credit him for the 'good', either because I do think most of it is bullshit.
I do not like Pres Obama for his fiscal issues.
He has run Trillion dollar deficits since his first year.
It will not end and I won't be shocked if in his final year, he runs a $2 Trillion deficit.
I also in no way shape or form believe that the Affordable Healthcare Act will be in any way a cost saving program and will only add to more deficit spending and borrowing and the insolvency of this country.
Spineless legislators and executives have led us down this path.....by following the FED like rats and the Pied Piper.
I think you're overly pessimistic. We still have a powerful economy, strong natural resources, and plenty of capitalist incentive. Individuals and businesses with strong credit can now borrow at unprecedented low rates. Corporations are sitting on heavy cash positions.
The recession will end, although it will be a slow climb back as the recession is worldwide.
The Afghan war will end, and those expenses will decline.
The Congress will eventually do *something* to increase revenue and reduce spending, but neither will be enough. However it will be better than nothing.
You will recall that we took on enormous debt during WWII, and within a few years made good progress towards repaying that debt and restoring our civilian economy until we got sidetracked by the "cut my taxes but gimme more" crowd....which included both parties.
Yes, I agree, most of our politicians are incompetent and often dishonest boobs, but amongst them are a few, R and D, who are truly our best and brightest. It's always been like that, and we have prospered in spite of them.
You and I often disagree, but, actually, I think you're an example of why we will be okay. I know you're willing to work hard, and try to think clearly about business, and you're not afraid to be inventive. There are millions more like you.
Concentrate on ssd, and pay less attention to the foolishness in government. It will only make your belly hurt. :0074