weswelker#83

Credit Card Bond Sales at Zero, First Time Since 1993 (Update1)
Bloomberg.com: Worldwide



Administration speeding up on economic problems
Administration speeding up on economic problems: Financial News - Yahoo! Finance



It 's gonna take more than one mandate to fix this mess!

NEPatriot

if you think that Obama will fix it, you are going to be depressed.

shmessy

Back up the statement. You have nothing.

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weswelker#83

We can fix the mess, but it will take maybe more than 4 years.

reflexblue

If it weren't for the mess were in now. I think it would be GOOD thing. One of the reasons were in this mess were in now is because of consumer debt. Fueled by the unbridled use of credit cards.

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PatriotsReign

To a large extent, NEPatriot is right. No American president has ever "fixed" an ailing economy in our modern history. and in today's world economy, that will be an even more difficult task.

I think the best we can hope for is to minimize the number of people who really suffer be implementing policies that extend unemployment benefits, create infrastructure jobs and the like.

Do you actually believe Obama or the federal gov't has ever had the ability to fix recessions? If we did, we'd never have recessions. But in a capitalistic system, we actually need recessions to correct imbalances...just not ones as bad as this looks.