So tomorrow evening the President is going to lay out his game plan to create jobs. I would like to think that his idea(s) will stimulate our sagging economy, but I don't feel confident about that. Every business has some vested interest in what he will say and/or do, but it's hard to appease everyone.
Real estate aside, what do you think he has to do to move us in the right direction?
Didn't he have a "plan" while he was campaigning to create jobs? I'm sure it's more rhetoric. Have a great night, Larry!
I heard he did. But he also said that he would be transparent. Why the hush-hush on his plan?
My eyes are blurry from watching all that live coverage we were promised on C-Span!
Regardless of how you feel about Obama, the fact of the matter is that the economy takes time to turn around. It is like driving a very big boat. If you try to turn it too fast, you could capsize.
Seriously thought... It takes several years for any actions to have an impact (if any).
And anyone who has lived long enough has seen ups and downs before... Remember the gas shortages and economic hard times in the 70's and 80's? Remember Reagan's "Trickle Down" theory of economics? That didn't work either.
Everyone seems to be in an "instant gratification" kind of mood these days and no matter what he (or any President) does, it will take time.
Too much bank deregulation is what started this mess and it is just going to take time to get it straightened back out again, NO MATTER WHO THE PRESIDENT HAPPENS TO BE!
Like Patti Ann says,,,,,it all takes time. Actually by the time all the things THIS administration is doing to make changes actually takes place, there will most likely be a NEW president in charge who will get all the credit. that's how it usually goes.
Patti * Reagan's policies worked which gave us a GREAT real estate market AND wonderful economy because we did not have to spend on the military because there was no longer a Cold War.
Obama's Administration can (1) Provide REALISTIC mortgage underwriting guidelines; (2) ROLLBACK Obamacare ENTIRELY - the FAUX 3.8% tax on real estate sales and the fact that US businesses are SITTING ON MOUNDS of CASH because of their uncertainty (stock values may fluctuate HOWEVER, dividends are INCREASING because of the amount of CASH); lastly, ELIMINATE the EPA - entirely.
Obama has spent TRILLIONS and has ZERO jobs to show for it. ENTIRE WASTE OF THE FUTURE OF SEVERAL GENERATIONS
There is absolutely nothing that he can SAY that will convice me of anything. I simply do not believe anything he says anymore.
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