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As he battles the economic downturn, President Barack Obama is bracing Americans for a recovery different than any in recent memory – not a go-go return to prosperity like the 1990s but a slow, steady climb to stability.
Nothing has changed and I doubt anything will.
those few Masters who can truly provide economic opportunties.
People still need to breed less though.
Obama is as much a puppet as his predecessors
Competition is something that truly can't be waged on any kind of an even scale
Going after people with Anti-Trust laws with a real zeal and vengence is what would make a difference.
Yes I agree markets will correct themselves if left to their own devices and they should be.
But what Obama rarely says about ending the “cycle of bubble and bust” is this: He’s prepared to intervene to make sure that kind of red-hot growth doesn’t occur.
And he’s willing to do it with added government regulation if needed to prevent any one sector of the economy from getting out of balance – the way the dot-com boom did in the 1990s and the real-estate market did earlier this decade.
According to Austan Goolsbee, a key Obama economic adviser, the president plans to focus on stopping bubbles along with preventing busts. And in an interview with POLITICO, Goolsbee said the administration will be on the lookout for new bubbles, like the tech stocks or housing prices.
If new threats are spotted, he said Obama would use “regulatory oversight to prevent guys who want to make a quick buck from doing real harm to the economy. ... That is what it means to get out of the bubble-and-bust cycle.” ...
Originally posted by Vyrtigo
Well, your opinions are obvious, its not like every other obama hater hasnt said the same #.
HOw about we give it some time?
Have no fear, that which is covered will be uncovered with time.