darthtang aw
Active Member
Didn't Obama say the recession and the market would be around for at least a couple years before it started to get better?
http://news.yahoo.com/s/ap/20090205/...s_stimulus_126
"This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse," Obama wrote in the newspaper piece titled, "The Action Americans Need."
He rejected the argument that more tax cuts are needed in the plan and that piecemeal measures would be sufficient, arguing that Americans made their intentions clear in the election.
"I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change," he wrote.
So if I understand this right, the economy will remain in recession maybe for years if we don't pass this bill soon (as in Friday), but once we pass this bill it will take years to work our self out of this recession.....someone explain to me the difference in passing the bill and not passing the bill, since the economy is going to suck for years anyway.
By the way, for running on a platform of hope, this guy is not doing a very good job at providing HOPE. Every time he speaks it is how bad crap is and how much worse it might get.....like we needed someone to tell us this.......
http://news.yahoo.com/s/ap/20090205/...s_stimulus_126
"This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse," Obama wrote in the newspaper piece titled, "The Action Americans Need."
He rejected the argument that more tax cuts are needed in the plan and that piecemeal measures would be sufficient, arguing that Americans made their intentions clear in the election.
"I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change," he wrote.
So if I understand this right, the economy will remain in recession maybe for years if we don't pass this bill soon (as in Friday), but once we pass this bill it will take years to work our self out of this recession.....someone explain to me the difference in passing the bill and not passing the bill, since the economy is going to suck for years anyway.
By the way, for running on a platform of hope, this guy is not doing a very good job at providing HOPE. Every time he speaks it is how bad crap is and how much worse it might get.....like we needed someone to tell us this.......
