Obama: This isn't your 'run-of-the-mill recession'

[Foxrac]

When recession is end in several month to few years, we will face into sour economy before recover start effect and GDP has to be growing to end the recession.

 

[Oceanbreeze]

I agree. I don't think Obama will fail, but I do think that it will take much longer than 4 years to get everything straightened out from all the mess that Bush left for him. In fact, I have a feeling it may take up to 10 years before EVERYTHING is straightened out and fixed because of the huge deficit that Bush left to Obama's administration when he left office, so it is going to take a long time to turn that deficit into a surplus, and for us and the economy to benefit from that. Everything that Obama has to fix is going to cost $$$$$$ so it is not going to be quick and easy. It's going to take a hell of a long time. He would like to, but he can't fix everything RIGHT NOW. He has to do it step by step, with bills and votes and Congress stuff and other such government stuff. He has a huge burden on his shoulder from Bush that he has offered to take on when he ran for President and has thus done so when he was sworn into office, and we should be thankful to him for his attempts to fix things (now and in the future) and we should wait and see how he does for a couple years before we judge him. I have faith in him. He may not be able to fix EVERYTHING, as he is not the MESSIAH, but I have faith that he can do a good job, and can do quite a LOT of good here for us, if not EVERYTHING. Plus, he isn't the only guy that has to do this. We are all in this together, I think, as Americans. We can't just sit on our asses and watch him try to do everything and do nothing to help him do his job. We need to get involved, too.

I think 10 years is a reasonable prediction considering he's having to fix alot. I would say I agree completely with everything you've said.

 

[Steel X]

I don't think a stimulus is a good idea. It will create more problems like for instance, he thinks that the bailout is helpin'.... it doesn't help. I am positive sure that all the problems will increase and become more stress for Obama.

His answers are not workin'.....

complain, complain, complain...

seriously, It only been a month now that Obama is in office and he's working hard at this ever since day one.

In fact the ecomomy is his most focused objective to work on. So like other ppl say, just give it time. Even if you were President, it seriously wont be easy for you either. It takes ALOT of time. Even a year or two to see it improving...so if you are looking for someone to blame, blame Bush. :roll: He left us a VERY huge complicated mess there.

 

[Jiro]

I think 10 years is a reasonable prediction considering he's having to fix alot. I would say I agree completely with everything you've said.

It's not a prediction. Obama DID say he DOES NOT expect this problem will be fixed by end of his term and he DID say he expected the problem will take about 6+ years to be fixed. IMO - that is a very realistic outcome.

 

[Jiro]

complain, complain, complain...

seriously, It only been a month now that Obama is in office and he's working hard at this ever since day one.

In fact the ecomomy is his most focused objective to work on. So like other ppl say, just give it time. Even if you were President, it seriously wont be easy for you either. It takes ALOT of time. Even a year or two to see it improving...so if you are looking for someone to blame, blame Bush. :roll: He left us a VERY huge complicated mess there.

And he even works on Sunday!!! which Bush often doesn't.

 

[Reba]

Maybe he's not a good time manager? He often runs late to appointments.

 

[Oceanbreeze]

It's not a prediction. Obama DID say he DOES NOT expect this problem will be fixed by end of his term and he DID say he expected the problem will take about 6+ years to be fixed. IMO - that is a very realistic outcome.

I was referring to what Lucia said. She said she felt it would take 10 yrs and thats where I said prediction. "Prediction" is a good word to use here.

 

[Jiro]

Maybe he's not a good time manager? He often runs late to appointments.

<chuckle> He ran late because his current meeting was very engaging and detailed. To effectively fix the problem, you need to understand the problem. Apparently - he really cares and this problem is serious.

source

Under Mr. Bush, punctuality was a virtue. Meetings started early — the former president once locked Secretary of State Colin L. Powell out of the Cabinet Room when Mr. Powell showed up a few minutes late — and ended on time. In the Obama White House, meetings start on time and often finish late.

When the president invited Congressional leaders to 1600 Pennsylvania Avenue last week to talk about his economic stimulus package, the session ran so long that Mr. Obama wound up apologizing to the lawmakers — even as he kept them talking, engaging them in the details of the legislation far more than was customary for Mr. Bush.

“He was concerned that he was keeping us,” said Representative Eric Cantor of Virginia, the Republican whip. “He said, ‘I know we need to get you all out of here at a certain time.’ But we continued the discussion. What are you going to say? It’s the president.”

 

[Doug5]

giving congress a trillion dollars to piss away seems like a recipe for disaster

 

[LuciaDisturbed]

Maybe he's not a good time manager? He often runs late to appointments.

He took on MORE responsibilities than Bush ever did. Of course he's going to run late to appointments. He's BUSY cleaning up the mess that Bush left.

 

[Steel X]

Yep and he wont be taking any vacations for awhile. Bush seems to take vacations abit too often at Camp David. :roll:

 

[deafskeptic]

No kidding but there are people who want to see him fail and that's sad cuz that means by wishing he would fail is actually wishing this country would go into deeper sh**.

Rush Limbaugh is one such person and I haven't forgotten what he had to say about him on the day Obama got sworn in. Limbaugh redudced his stature in my eyes to a piece of dog p**p! :roll:

 

[deafskeptic]

I agree. I don't think Obama will fail, but I do think that it will take much longer than 4 years to get everything straightened out from all the mess that Bush left for him. In fact, I have a feeling it may take up to 10 years before EVERYTHING is straightened out and fixed because of the huge deficit that Bush left to Obama's administration when he left office, so it is going to take a long time to turn that deficit into a surplus, and for us and the economy to benefit from that. Everything that Obama has to fix is going to cost $$$$$$ so it is not going to be quick and easy. It's going to take a hell of a long time. He would like to, but he can't fix everything RIGHT NOW. He has to do it step by step, with bills and votes and Congress stuff and other such government stuff. He has a huge burden on his shoulder from Bush that he has offered to take on when he ran for President and has thus done so when he was sworn into office, and we should be thankful to him for his attempts to fix things (now and in the future) and we should wait and see how he does for a couple years before we judge him. I have faith in him. He may not be able to fix EVERYTHING, as he is not the MESSIAH, but I have faith that he can do a good job, and can do quite a LOT of good here for us, if not EVERYTHING. Plus, he isn't the only guy that has to do this. We are all in this together, I think, as Americans. We can't just sit on our asses and watch him try to do everything and do nothing to help him do his job. We need to get involved, too.

Well said. You're quite correct about us us doing our bit to help out as we're all in this together. One person can't do everything.

 

[Liebling:-)))]

I agree. I don't think Obama will fail, but I do think that it will take much longer than 4 years to get everything straightened out from all the mess that Bush left for him. In fact, I have a feeling it may take up to 10 years before EVERYTHING is straightened out and fixed because of the huge deficit that Bush left to Obama's administration when he left office, so it is going to take a long time to turn that deficit into a surplus, and for us and the economy to benefit from that. Everything that Obama has to fix is going to cost $$$$$$ so it is not going to be quick and easy. It's going to take a hell of a long time. He would like to, but he can't fix everything RIGHT NOW. He has to do it step by step, with bills and votes and Congress stuff and other such government stuff. He has a huge burden on his shoulder from Bush that he has offered to take on when he ran for President and has thus done so when he was sworn into office, and we should be thankful to him for his attempts to fix things (now and in the future) and we should wait and see how he does for a couple years before we judge him. I have faith in him. He may not be able to fix EVERYTHING, as he is not the MESSIAH, but I have faith that he can do a good job, and can do quite a LOT of good here for us, if not EVERYTHING. Plus, he isn't the only guy that has to do this. We are all in this together, I think, as Americans. We can't just sit on our asses and watch him try to do everything and do nothing to help him do his job. We need to get involved, too.

Well said!!!

I agree everything what you said here.

 

[Kalista]

That hasnt happened here in MD yet...

Gosh, I dont know what we would do if I lost my job. If my hubby and I didnt have kids, I wouldnt be as worried but with kids, I feel a little anxiety about their futures.

I know a friend of mine. Her sister is president of the cinema movie theatre. She just laid off, her salary was $148,000K a year. Plus, her husband is president of insurance co 186,000k year. He will demote down to 65K better than nothing. They have a huge beautiful house, swimming pool, travel alot, etc... kids in colleges...

Oh boy, she was such freaking out !!

It is very scary to anyone. Now, I have to cancel my plan to going to DWU = Deaf Women Unites in Oregon conference and DSA - Deaf Seniors of America conference in Las Vegas.

I need to focus on my family which is more priority.

 

[Doug5]

Rush Limbaugh is one such person and I haven't forgotten what he had to say about him on the day Obama got sworn in. Limbaugh redudced his stature in my eyes to a piece of dog p**p! :roll:

Limbaugh is a horrible human being. He brings out the worse in people

 

[shel90]

Limbaugh is a horrible human being. He brings out the worse in people

Definitely!

 

[Reba]

He took on MORE responsibilities than Bush ever did. Of course he's going to run late to appointments. He's BUSY cleaning up the mess that Bush left.

One President can't take on more responsibilities than another because the Constitution limits what they can legally do. Maybe he just took on more than he can handle.

 

[Reba]

Rush Limbaugh is one such person and I haven't forgotten what he had to say about him on the day Obama got sworn in. Limbaugh redudced his stature in my eyes to a piece of dog p**p! :roll:

What did he say that day?

 

[deafskeptic]

What did he say that day?

He said that he hoped Obama would fail. Here's the link from his own site. It just seems curlish and petty. I'm not wild about Bush or the Republicans but I'd wish them good luck on a day like Jan 20th.