Tuesday, August 4, 2009

This is just plain stupid!!!



I saw this on a website today and think it may be the dumbest thing that I have seen yet. If I look back, the recession was started long before the election of 2008. Most say that in part the recession was started with the last years of the Clinton Administration. Any way you slice it, it does not come up with it starting on January 20, 2009.

Lets all be smart about recessions, the do not happen overnight and many times they just happen. This one was helped along by the events of 9/11, a war in Iraq and Afganistan, and most of all greed, greed, and more greed. Had we had better regualtions on what the banks were doing and not had the interference of the governement pushing people to get as many people into homes as they could; some of this could be avoided.

No one knows what the future holds. The GOP wants you to believe that we are going to head father down because of the Obama Admin domestic policy. The DNC wants you to believe that we are on the up swing and that these new initiatives will not hurt but help. All I know is that some of the indicators that I look at are right now positive (Stock Market, homes prices, talking with local business owners); while others (unemployment, state and federal budgets/deficits) are not good. What this means in the long run, time will only tell. With that said, lets be smart enough to know that our current President is not the direct and only cause of this recession.

1 comment:

  1. Oh come on, Bush created the Iraq war, of course Obama created the recession! These things happen overnight, right? LOL

    ReplyDelete