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Are we using Obama as a scapegoat?
I was recently reading the NY Times and I have just realized that we've bounced back from a recession faster than ever before. It was projected that the unemployment rate was going to be 25% prior to Obama bailing us out. And in all honesty, we can't criticize the plan all that much because they had to act fast. Prove me wrong, but such a large investment should require companies to provide the government with transparencies and in this case, no such demands were made because they didn't have time for that kind of crap.
Anyways, we had to use a fiscal policy and run up the deficit in order to salvage whatever was left of the economy. And I was wondering, are we going to blame Obama for running up the deficit? Are we not going to credit him with saving the economy? I know what those lying rightist are going to do at the next election...
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