Back during the presidential elections, tons of Americans were captivated by the young, enthusiastic, man-of-the-people, Senator from Chicago. His articulate rhetoric and sophisticated delivery convinced many Americans that better days were in store for us.
While campaigning and even while engaged in debate with John McCain, Obama set out to convince everybody that to vote for McCain would, essentially, be to vote for "more of the same".
He promised a robust turn-around in the economy. He pointed fingers at the Bush administration (and in most cases justifiably so) for the downfall of the nation. He actively sought the job he now has. So how has it gone now that he's gotten what he wished for?
Well, as it turns out, it appears most Americans now feel that not only is Obama "more of the same" but "more of the same on steroids".
Poll after poll shows a growing discontent and dissatisfaction with how the president has chosen to increase Federal spending exponentially with very little to show for it. In fact, most Americans feel that things are getting worse. The stimulus package, most feel, has not stimulated anything but a bigger economic hole.
Tech Ticker on Yahoo! Finance, with Aaron Task and Henry Blodget discussing the various aspects of the economy, has the National Bureau of Economic Research suggesting that the recession which began in December of 2007 isn't actually over yet.
Several factors are listed, which are indicators of the economic hardships currently plaguing the country. Among them are the Housing Market (with last week's numbers described as "horrific"), and continued high unemployment rates still hovering in the double digits, among other things.
However, worth noting, is not so much these financial news, but how the vast majority of people feel about the direction the government is taking. Check out the following comments:
San -
"Double dip is coming and it may only be weeks away. Government finances don't add up and the market knows it. Stop trying to control the market that is what bankrupted the USSR!!!!"
Yahoo! Finance User -
"I'm driving down the road, watching the collapse from my rearview mirror. Anyone with any amount of common sense should know by now that the so-called "recession" never ended, but was in fact... a depression in the making. By now, you should have become liquid, sold your real estate and have a back-up plan in place. This is not the end of the world, but the ride will get rough for many years."
Blazer -
"Recession? Depression is the word that we'll be discussing down the road. This thing is just getting started."
Yahoo! Finance User -
"Obamanomics. Thank you, voters. Stupid."
Jack -
"30,000,000 unemployed, this is a DEPRESSION and it's going to get worse in 2011 through 2015, CRASH"
Mayon -
"Put more makeup on the Pig with cool lipstick with a Blonde wig.The Pig will look BEAUTIFUL & serve with Free Kool-Aid & say:"All Is WELL"--Dow 13,000....."
Marc -
"Only way to fix it is to allow manufacturing and exports back in this country.But our socialist govt. along with the CHEATERS on wall street will continue to DENY whats correct.You cant have your cake and eat mine too,you bastards!"
President Obama's popularity is sinking. According to the Rassmussen Presidential tracking poll, back in January of 2009, well over 40% of Americans Strongly Approved of the way the president was handling his role. As of today, that number is now well below the 30% mark.
Obviously the oil spill isn't helping, especially when most perceive the president as not doing enough to stop the spread of oil and refusing assistance that was offered from foreign nations from the onset of the problem.
Politicians are extremely unpopular, perceived as self-serving, power-hungry thugs; greedy Wallstreet Executives equally as bad.
Things aren't looking good and most Americans express this much, but perhaps, in the midst of all of this uncertainty lies the one glimmer of hope well-characterized by the following individual:
Dr. D -
"Americans are waiting for the next shoe to drop. That's why there's no trading volume. We are prepared for the worse to come and come it will. Trust in Chist. He knows the beginning from the end. He is the Alpha and Omega of ALL things. God bless you all."
Comments
Who is "Chist" and why should we believe in him? And, as an American, I'm not sitting around waiting for the "other shoe to drop". I, like many around me, am out here making things work, through hard work... and not blaming the current situation on the President or anyone else in "power". WE are America, and WE make it happen only if we stop pointing fingers and whining! Oh, and blaming too, because if you think any one person or administration could have cleaned up the many facets of messiness produced by those before them, you're delusional.
That's awesome! I'm glad you're out there "making things work through hard work." I'm trying my best as well. People just don't trust the government or Wallstreet. As far as pointing fingers, well, the president should listen to you and stop blaming Bush - although Bush is responsible for a lot of the mess. Most people feel Obama has taken that mess and made it worse. Christ is my Lord and Savior and someone you really want beside you.
Jesus Chist!
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