Hit a quick bottom? I find myself in agreement with Robert Reich, who says we are at the bottom and staying there: there is no recovery, won’t be one. Remember that the Great Depression went on for 11 years, from late 1929 until 1941, and we had to have a world war to get out of it. Obama, that fine student of history, is doing his best to repeat all the mistakes of the past so that this will drag on indefinitely.
Yep. Everything he is doing is making it worse and longer lasting.
Are you sure he is making mistakes, or is he deliberately trying to destroy the economy, to bring socialism on faster?
Amity Schlaes' book The Forgotten Man is an excellent analysis of this very subject.
The parallels between what BHO is doing and what FDR did are breathtaking.
Except that Zero is making the "mistakes" on purpose. He is on record as saying the New Deal failed because it didn't spend enough money fast enough.
Our 21st century world war is coming soon. And it will be so devastating that it will not bring us or the world out of this recession/depression. Zero is making sure we are disarmed and vulnerable as a country before it starts.
This recession will last long after Zero is gone. He's seeing to that and blaming Bush on the way.