Get ready for it: Another economic collapse is coming.

[ProSense]

18. President Obama

Obama doesn't have what it takes to control the crisis...they bailed out Wall Street, fucked Main Street up the ass and turned that simple private debt crisis into something much worse and much more dangerous over the long term. Now we get to watch the results of their foolish choices play out, like a slow motion train wreck.

...is handling the crisis, which is why the doomsayers are upset and the pessimists are now experiencing optimism. I think you have the President confused with the assholes who caused the crisis and are now obstructing the recovery.

Strange to say, however, those warnings from economists proved all too accurate. And we’re quite fortunate that Mr. Obama did not, in fact, do a Cameron.

Which is not to say that all is well with U.S. policy. True, the federal government has avoided all-out austerity. But state and local governments, which must run more or less balanced budgets, have slashed spending and employment as federal aid runs out — and this has been a major drag on the overall economy. Without those spending cuts, we might already have been on the road to self-sustaining growth; as it is, recovery still hangs in the balance.

http://www.nytimes.com/2012/01/30/opinion/krugman-the-austerity-debacle.html?_r=1