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Originally Posted by Tyrone Slothrop
I understand that you don't wish him well
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I wish him well in the same way I wish America well.
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but what does Obama's leadership have to do with the economy? Industrialized economies are all suffering from a financial crisis. There seems to be broad agreement that there isn't much that Obama could do to fix our problems, and that Republicans on the Hill (inter alia) would block many measures. The people like Hank who think that it's all just a question of consumer confidence (and that the right kind of inspirational speech from the President will restore things) are not only deluded, they are part of the problem because they get in the way of solutions.
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I agree with Hank. Economies are about investor and consumer confidence, which can be affected positively (to a degree) through leadership. What is Obama's plan? Oh, wait, I forgot, we have to wait until he gets back from vacation in September to find that out. After 2.5 years, he finally has time to address the precise issue that got him elected in 08.
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Meanwhile, a large number of people, like yourself, have become distracted from our fundamental, immediate budget problems by our long-term fiscal problems, and likewise are part of the problem rather than part of the solution.
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How am I distracted?
