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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (71111)8/25/2009 2:02:05 PM
From: Kenneth E. Phillipps  Read Replies (9) | Respond to of 224724
 
What is happening now is a reflection of what happened in the recent past. Obama took office in the midst of the worst recession since the 1930s. The recession began in December of 2007. The economy was losing jobs for 13 consecutive months before he took office and was losing jobs at the rate of 700 thousands jobs per month when he took office. He inherited a $1.8 Trillion dollar per year budget deficit. He had to take bold action to save the economy from complete collapse. We have started to recover but it will take years to repair the damage.