Sunday, March 8, 2009

Maybe Somebody Has A Clue

An article on MSNBC expresses some concerns about Obama's approach to resolving the current economic situation, and the fact that his actions and policies seem to be making things worse, rather than better. For example:

More than 4 million jobs have been lost since the recession began in December 2007 — roughly half in the past three months.

Stocks have tumbled to levels not seen since 1997. They are down more than 50 percent from their 2007 highs and 20 percent since Obama's inauguration.

Do I sense some sobering of the fawning mass-media? Maybe somebody is finally realizing that the government can't spend our way out of this recession and that economic recovery is truly a grassroots activity that needs to start with regular people, particularly business owners.

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