Comments (0)

By JBM, August 13, 2010 2:50 pm

I do not care to get political most of the time but I want to address a Time reader taking a potshot at former governor Sarah Palin:  ”Why can’t people cut the President some clack? Do they remember what he was handed? Did they expect the economy to rise out of the ashes in the first year? Obama is obviously committed to health care, the economy and other concerns. He’s not out playing golf, vacationing at Camp David or quitting halfway through his term like certain governors we know”  Randy Pettit, Elyria, Ohio from Time Magazine, August 16, 2010.

To Randy:

1) The people should expect that with the largest corporate and government payouts in all of history, that the economy should improve significantly.  The economy is now tanking again after little improvement, making most of the president’s major financial actions completely ineffective.  If we realize that the these huge payouts could result in deflating the value of the dollar, and that as a result we may be paying ten dollars for a head of lettuce in a few years, these actions may result in absolute catastrophe.

2) Please see CNN’s observation of the unofficial White House statistician.  President Obama, very early in his presidency, has already played more rounds of golf that President George W. Bush played in his eight year presidency.

President Obama plays more than Bush

I do not have explicit feelings about Sarah Palin leaving the governorship and I am sure there are many factors that contributed to this, such as her want of the presidency, and the distraction of the perpetual ethics charges against her by her political opponents.  I can say this:  The presidency overtly affects me, the Alaskan governorship does not.  Randy you appear to be a clear fan of President Obama, and that is fine.  However, I wonder if you are interested in opening your eyes to the realities of today.  Now that you know that during the worst recession in our lifetime, and through the Deepwater Horizon oil spill, that the president has played more golf than an eight year president, do you have any concerns for the country’s short-term future under President Obama’s rule?

Comments (0)

By admin, July 22, 2009 9:09 pm

SPONSOR:
Trisaic for the iPod & iPhone.  Go ahead, spend a couple bucks.

I have a theory that I wish to share with you. It has arisen due to President Obama, Ben Bernanke, and other fearless leaders talking of the recession ending this year, and a recovery happening next year. I do not think the recovery schedule will be that fast.

Everyone and their mother are presuming that the classic American economic growth patterns will take hold and will severely limit the recession.

The experts among us should take a second look. Most people in America already have a washer, a dryer, a radio, a television, and possibly a computer. Our economy is based on the flow of goods, and for the above reason, I do not see a great increase in sales in most sectors for the near future. We would need a post-World War II era manufacturing boom to relieve the country of this severe economic turmoil, and it is not going to happen. Even if it did happen, the United States no longer makes most of our staple household goods, so most profits would flow right back out of the country.   Additionally I think there is little trickle-down effect from the service sector, which comprises a large portion of our economy now.

President Obama’s ratings are going down slightly in some areas, especially those areas hit hard economically. I predict that by the end of this year, when average people see no financial relief in sight, President Obama will become perhaps the earliest lame duck president the country has ever seen. When he campaigned, the words he spoke made it sound like there was great hope on the way. While I hate to be negative, I really do, I write what I think and this is the direction I see: A prolonged U.S. recession and a great deal more suffering for the many people in financial trouble.

If you could prove me very wrong, believe me, I would rather have the good news than believe all of these negative thoughts.

JBM