Ummmm, the banking, stock market, and credit crisis happened BEFORE Obama. The question is: can he stop it? Kind of like trying to stop a speeding train - - from street level - - don't know if anyone can stop it...
Actually, the best way to stop the recession is for the government to do nothing. Recessions typically last from 1 to 2 year, the market will eventually improve on its own. Unfortunately, the government will just end up prolonging the recession by meddling in the economy. But even if the recession goes on for a while, that doesn’t mean that the social order will break down. Moreover, I stand by one of my previous posts in which I pointed out that most of us can’t “run to the hills.” Most of us live in metropolitan areas. We can’t run away. Of course, running away never solved anything any way.