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Obama's Economic Challenge Underestimated

By   Follow Me on Twitter     Message Steven Leser     Permalink
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Four years from now, no one is going to be measuring President Obama by whether some of his cabinet picks were too partisan or not partisan enough, or whether some list of actions desired by the progressive left or far right were taken. Any programs that are able to be achieved are going to be a small footnote in the history of this administration's first term. When the category 5 economic hurricane hits in the next 2-6 months, the only thing people will care about is whether the administration is able to mitigate it or reverse its course. The good news is that if anyone can fix this, the Obama economic dream team can.

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(1) Financial Times - "US unemployment highest since 1994", Nov 27,2008  http://www.ft.com/cms/s/0/2d6ccba0-acd2-11dd-971e-000077b07658.html

(2) Misery Index - "The US Unemployment Rate January 1948 to September 2008" http://www.miseryindex.us/urbymonth.asp

(3) AP via Yahoo News - "Economic advisers on Obama's transition team", Nov 7, 2008 http://news.yahoo.com/s/ap/20081107/ap_on_el_pr/obama_economic_advisers_list_1

(4) CBS News - Obama's Centrist Economic Team", August 3, 2008 http://www.cbsnews.com/stories/2008/08/03/opinion/main4317760.shtml

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http://www.ibtimes.com/blog/steven-leser_103/bio/
A political blogger for the International Business Times, Steve Leser is a hot national political pundit. He has appeared on MSNBC's Coundown with Keith Olbermann, Comedy Central's Daily Show with Jon Stewart and Russia Today's (RT) Crosstalk with (more...)
 

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