Obama restates his goals

[spence]

Originally Posted by Swimmer

You watch just how conservative Barrack OBama becomes. He got elected pandering to your end of the spectrum. He'll get re-elected as a centrist.

Becomes? He campaigned pretty much as a centrist.

But isn't it reasonable for Obama to adjust expectations based on the circumstances? The economic projections are a lot worse now than they were even a few months ago...

-spence

[BigFish]

The term is "figured head"!

[Swimmer]

Originally Posted by spence

Becomes? He campaigned pretty much as a centrist.

But isn't it reasonable for Obama to adjust expectations based on the circumstances? The economic projections are a lot worse now than they were even a few months ago...

-spence

Yes it is reasonable, certainly. But I don't think things are any worse. The street sweeper is just picking up the financially strapped straglers who didn't make 1st team (AIG, and so on).
I think the talking heads are making it seem worse so we more readily jump into the abyss.

In the end I am kind of glad OBama was elected. We need some youthfulness leading us that we haven't had, at least since Clinton, just to put a more optomistic slant on our nations problems. McCain meant well but is/was kind of stodgy at best. As difficult as the choice for president was for some people, the optimism that OBama exudes even when he is chatting up the economy is reassuring, in that he will seek answers that will serve the entire counry.

[spence]

Originally Posted by Swimmer

Yes it is reasonable, certainly. But I don't think things are any worse. The street sweeper is just picking up the financially strapped straglers who didn't make 1st team (AIG, and so on).
I think the talking heads are making it seem worse so we more readily jump into the abyss.

A month or so ago there was talk of things improving the second half of '09 and now they're talking into 2010.

Granted, it's all a crap shoot and nobody knows what's going to really happen, but that's a big difference if you're trying to create policy to help people.

-spence

[RIJIMMY]

Originally Posted by spence

A month or so ago there was talk of things improving the second half of '09 and now they're talking into 2010.

Granted, it's all a crap shoot and nobody knows what's going to really happen, but that's a big difference if you're trying to create policy to help people.

-spence

I've been telling you guys for months its only going to get worse. Its still not even NEAR the bottom. Hang on............

[striperman36]

I unfortunately have to agree with Jimmy here, we ain't at the bottom yet. We just have a pre-ingaguration uplift. the subsequent 100 days will show the continued downward direction.
This is a unprecedented contraction in the global economy