General Discussion
In reply to the discussion: What was your opinion of the economy when President Obama took office? [View all]doc03
(39,039 posts)me like that one. I think we were damn lucky it wasn't worse. I think the Stimulus is what saved us from going into a complete meltdown. I think the Stimulus should have had much more infrastructure spending than it did but I suppose that was the best could have been done politically. I think the biggest mistake this administration made was spending months passing a health plan nobody is happy with rather than focusing on the economy. I was pretty optimistic about things until this last election when the teabaggers took over. All you have to do is look at the jobs figures and you can tell things turned south as soon as the Republicans took the house. We are lucky we never went into a double dip and if the Republicans have their way we will be in one. Like I said I was 61 when Obama took office, the mill I worked in shut down that April and my IRA was down about 60%. I was fortunate I only had to ride out a year of unemployment to retire and my IRA has nearly completely recovered. We aren't out of the woods yet, we have the Republicans trying to tank the economy and who knows what will happen in Europe.