Many people think so, including Bob Woodward, who said "it's going to blow a hole in the budget two or three months down the road."
Some see the markets going up and the fed printing money as fast as the presses can run, and believe the economy is fine. They don't care that fewer and fewer workers have jobs and many jobs that exist pay little above minimum while others are less than 40 hours a week.
Obama does not understand that for the economy to thrive something must be produced, either from farming, mining or manufacturing. Our agriculture can be healthy although the government likes to make harmful and unneeded regulations. Mining, led by fossil fuels, profits the nation and could be a greater factor if we committed to be self-sufficient in energy . Where we are hurting is in manufacturing. We have to compete with the world. So often we do the research to develop new electronic and other products -- then see them made in other countries, providing them with the jobs we need.
It would appear that even by accident Obama could do something right about the economy but his ideas are totally wrong. For instance, new taxes go into effect January l. The damage that will do to the economy can not be estimated.
Some see the markets going up and the fed printing money as fast as the presses can run, and believe the economy is fine. They don't care that fewer and fewer workers have jobs and many jobs that exist pay little above minimum while others are less than 40 hours a week.
Obama does not understand that for the economy to thrive something must be produced, either from farming, mining or manufacturing. Our agriculture can be healthy although the government likes to make harmful and unneeded regulations. Mining, led by fossil fuels, profits the nation and could be a greater factor if we committed to be self-sufficient in energy . Where we are hurting is in manufacturing. We have to compete with the world. So often we do the research to develop new electronic and other products -- then see them made in other countries, providing them with the jobs we need.
It would appear that even by accident Obama could do something right about the economy but his ideas are totally wrong. For instance, new taxes go into effect January l. The damage that will do to the economy can not be estimated.
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