Could Obama have done a few things differently? Yes.  Is this all his fault? No. Would McCain have made much more progress than Obama?  I doubt it.

This situation is far more complex than that.

Not sure how passing healthcare legislation puts more burden on American families.  I really haven't taken the time to educate myself on cap & trade - so I can't speak to that one.

“I'm sure O will blame the Bush administration once again (after almost a year in the job).  Of course, they'll want to talk about 'jobs saved'.” 

It’s no fun taking office to preside over an economic train wreck.

Of course, most citizens have a political and historical memory with a duration of 90 days at best.

10.2 % unemployment is a disaster.  More wonders of the magic of unregulated capitalism.

When was the last time unemployment reached over 10.2% ?

Oct. 1982, with the peak reached in Dec. 1982 at 10.8 %, 23 months after the new President took office.

His solution?  Massive deficit spending, and almost tripling the nation debt. It took 6 years to bring unemployment back down to 6%.

Sound Familiar?

Who was that president, elected in Nov. 1980?

 More wonders of the magic of unregulated capitalism

Puhhhleeezeeee....

It’s no fun taking office to preside over an economic train wreck.

I honestly don't know why Obama did it.  He could have let McCain tear the nation's economy back to the  Depression again while starting more unwinnable wars with Iran and Russia, and swept into power in 2012.  If there was anything left.

The only answer I can come up with is that he truly loves this country and could not bear to see McCain happen to it. 

Hey, why work when the government will pay you not to??

 More wonders of the magic of unregulated capitalism

Puhhhleeezeeee....

John Reed Says `I'm Sorry' for Glass-Steagall Repeal, Building Citigroup

Reed Says ‘I’m Sorry’ for Role in Creating Citigroup 

Nov. 6 (Bloomberg) -- John S. Reed, who helped engineer the merger that created Citigroup Inc., apologized for his role in building a company that has taken $45 billion in direct U.S. aid and said banks that big should be divided into separate parts.

“I’m sorry,” Reed, 70, said in an interview yesterday. “These are people I love and care about. You could imagine emotionally it’s not easy to see what’s happened.” 

Lawmakers were wrong to repeal the Depression-era Glass- Steagall Act in 1999, Reed said. At the time, he supported overturn of the law, which required the separation of institutions that engaged in traditional customer banking services from those involved in capital markets.

“We learn from our mistakes,” said Reed, who wrote an Oct. 21 letter to the editor of the New York Times endorsing a division of banking activities. “When you’re running a company, you do what you think is right for the stockholders. Right now I’m looking at this as a citizen.” 

Reed headed Citicorp for 14 years until the merger with Travelers. The deal created the world’s biggest financial company in a stock swap valued at about $85 billion. Reed and Weill were co-chairmen and co-chief executive officers until Reed’s retirement in 2000. 

etc.

Yet another cheerleader of unregulated capitalism that’s “sorry”, after wrecking the economy. I’m sure his gains are well hidden off shore somewhere. Boo Hoo.

Yup, all those manufacturing jobs went overseas because of all the massive deregulation.  All those good, high paying manufacturing jobs that formed the foundation of this country went overseas because of all the regulations that were taken off the books.  Yup, they got rid of OSHA, so manufactureing left.  They got rid of workers comp, so manufactures left.  They got rid of EPA, so heavy industry took a hike out of the US.  Yup, our foundation crumbled because we got rid of so many regulations....

you forgot Unions RonMexico, and janiotrs working for GM making 75 dollars an hour...that plays a big part in moving overseas and getting janitorial services for pennies, not hundreds of dollars a day

you forgot Unions RonMexico, and janiotrs working for GM making 75 dollars an hour...that plays a big part in moving overseas and getting janitorial services for pennies, not hundreds of dollars a day

And don't forget public school teachers, unionized, that make over $100 per hour, using the same lifetime gross pay calculations.

This socialist featherbedding for those that refuse, (or are too incompetent) for free enterprise employment are the greatest drain in our state budget.