David Stout of The New York Times posted an article titled "Obama Sees More Pain Now but Hope Later on Economy." President Obama is saying that there are signs of recovery in the economy but there is more pain ahead and he is urging America to help. March's reatil sales were very disappointing. That is proof that the economy isn't going to get much better any time soon.
Obabma has made it known that he is determined to lower healthcare and social secuity. He sees the future with better better jobs and rising incomes. That won't happen anytime soon though.
I like this article. I hope the economy gets better sooner rather than later. Obama has good ideas but I hope those ideas become real soon.
This post is a few days late.
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It appears President Obama is realizing that the economy, like many problems, cannot be fixed simply by throwing money at it. I think everyone hopes the economy makes a quick recovery, but the American people, as well as the President and Congress, need to realize that the path to recovery will likely be slow and bumpy.
ReplyDeleteLike everything, it must always get worse before it gets better. Obama knew going into this the difficulty, of the task at hand.
ReplyDeleteI agree. Things might not be progressing at the rate that people might of expected, but it takes time. We're on the right track, only time will tell if Obama's plans will work.
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