Obama has not been perfect and his advisers have done what most have done...they make the mistake of thinking they can decide from what Obama should be shielded. Currently they seem to go further and try to make decisions FOR him. He is no longer new at the job and should now have figured out that his biggest mistake was to hold any faith that those who worked for Bush would serve him well, especially the bank, the Wall St crew. See this and then this one.
James Galbraith wrote an excellent article on just this subject. Read what he has to say here. I believe I have written about this before but certainly cannot articulate it as clearly as Galbraith. Obama should have stopped trying to appease the Republicans long before this and there might have been a few more gains. However, it did not happen that way and so we will now see a new set of rules in order.
Hopefully the Democrats will no longer be able to simply block everything as they had about Health Care. Focus should be on jobs and the economy, which most of the nation backs. Obama got many jobs back on the sale of planes but now jobs have to come back to the US and the ability of American companies to move their companies out of the United States and still call them American companies must cease. Whether Congress can make such daring moves seems unlikely with so many Teapartiers in who have a different agenda, as they have stated all along.
What in the world could Obama have been thinking to leave that economic crew in when there were great economists advising otherwise. Were they heard or did the foxes in the hen house not allow then to be heard.
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