It is well known that America is passing through its one of the biggest economic crisis these days. Banks do not have money. Other financial institutions are also crashing. In this time of crisis, Barack Obama is elected as president of America. In his speeches Mr. Obama has shown his determination to handle this crisis. So what is your opinion??
Well I don't really think that Obama will be able to handle it properly because most of his plans seem to be too boasting and practically impossible.
Well if he manages to somehow pull off what he intends to do it will be a huge success for not only US citizens and also to countries like India , Japan and China who are in direct business with U.S
Well if he manages to somehow pull off what he intends to do it will be a huge success for not only US citizens and also to countries like India , Japan and China who are in direct business with U.S
His success will completely depend on his acts and his vision. So far we do not know what he intends to do. So not much can be said but one thing is for sure that his vision is clear. He wants to get his country out of this crisis. I hope that he is also having some idea of how to do it. Surely it will be beneficial for every country who is associated with America in business.
As long as he doesn't lie to the people I think he will do a fine job all the way around. He has a great vision and a good advisory cabinet to help him with the areas that he might not have that much experience in.
Creativeelement said:
Obama will not be able to turn around this crisis... We all know it will take several years to recover from this.. Some branches will never recover (financial market)
Obama has the influence, intelligence and support to start turning things around again though. Let's hope he can.
There is no right politician to have in this situation. How can you pick a person to figure out the best quick solution to this? Nobody can even agree on the exact root of the problem, it is like a disease with symptoms and no accepted treatment.
The one thing Barack has emphasized that I think is good is to look into the future to create jobs. This is part of a slow fix, but finding ways to stimulate green jobs at least has some potential to create a job market that can grow in a slow economy and create and new industry in America that involves manufacturing.
The one thing Barack has emphasized that I think is good is to look into the future to create jobs. This is part of a slow fix, but finding ways to stimulate green jobs at least has some potential to create a job market that can grow in a slow economy and create and new industry in America that involves manufacturing.
Well first of all, the banks are at fault for not lending out money responsibly... as for Mr. Obama, he was the better choice of McCain, I don't know if he's enough to help with the crisis we're facing right now.. but one thing is for sure.. we will all, as a nation, do everything we can to help him, and if we fail we fail. All we can do is try to make the best out of our situation, there's simply no other option./
Obama has come in at the wrong time like clash said he is going to have to fix such a huge problem and dealing with so many bad issues already is going to be a real challenge but I am excited to see how he meets the needs of the USA.
This is a good thing in a way to see how Obama handles himself in problems of this size if he does well we know that the US have an amazing president if he messes up now it spells trouble.
Only time will tell but it's good in my opinion he has come at this time as we can see what we are dealing with early on in his career.
This is a good thing in a way to see how Obama handles himself in problems of this size if he does well we know that the US have an amazing president if he messes up now it spells trouble.
Only time will tell but it's good in my opinion he has come at this time as we can see what we are dealing with early on in his career.
Well just because he came in at the "wrong time" doesn't mean people will hate him.. People will understand the current situation, and offer him the support that he needs. Even if he does nothing good, it's clearly not his fault as he said he will try all he can to help make the country better and stop sending soldiers, but yes, only time will tell. All we can do is wait and see - I mean what else can we do to help him right now?
GunnedDown said:
I agree with this 100%. He was definitely the better choice, and he has the nation's support. You are right that the collapse started with the banks, but there was a decline, that preceded the collapse of the banks, in many sectors.
I was working in a manufacturing company that caters to high-end recreation. This sector has been sliding downwards for two years.
The price of gas last winter sparked the slide of auto sales.
The housing bubble burst before the banks collapsed.
There has been a stagnant/and or slow decrease in the number of jobs in this country for the past 8 years, and a trend towards outsourcing jobs. Many of the jobs that people have now pay them less than the jobs that left the country.
Very complicated to put all these puzzle pieces together to pinpoint the start and solution to re-creating jobs and the flow of money. Just handing over money to corporations cannot be the only solution.
Two questions that will hopefully be answered.
First, isn't outsourcing jobs actually a benefit for us since we're doing it to get cheaper labour in the first place? I understand then it will lead to less jobs in our country thus less money flow and job opportunities, but isn't that something we can sacrifice for the sake of our country and our debts? So what I'm asking is.. is it a benefit or a loss for us to outsource jobs?
Second, I don't understand why Canada's gas prices are still dropping every day while every other country in the world are facing problems having enough money to buy gas.. I mean I know the main reasons, like Canada having lots of oil in Alberta, our dollar worth, economy.., but does anyone know an actual reason?
I'm not sure if Obama will be able to solve the problem, but if he remains honest, I think he'll do his best.
And he's just one man, so we can't expect miracles from him..In order for the economy to turn around into a more positive direction the whole country needs to take action, not just the President.
And he's just one man, so we can't expect miracles from him..In order for the economy to turn around into a more positive direction the whole country needs to take action, not just the President.
Well he's not just man, he's got the whole house to support him. And his best will probably not be enough, how can he solve a debt never seen greater ever before?
It'll be at least 10 years before this problem gets resolved, and it won't be quick, it will get better and better steadily (or worse and worse until the world blows up :O). But yeah, all Americans have to support him on the way, he can't just do this by himself.
No one knows the answer for sure, but as of now we can conclude that he's a better choice than John McCain right? I mean do you really want another George Bush for another 4 years?
We'll see what BO does, and I mean we only have him for 4 years, if he does bad we can just elect a new president after his term is over.. it's not like the world's going to end.
We'll see what BO does, and I mean we only have him for 4 years, if he does bad we can just elect a new president after his term is over.. it's not like the world's going to end.
The problem is that if BO screws up badly, it will just dig us in a deeper hole. However we can't put the blame on Obama 100% as his power is limited and he certainly can't perform miracles. So he might do the right thing, but others down the line might not be as righteous if you catch my drift..
obama
I agree with Sited in that whether he's the best choice or not isn't really the issue. The thing to look at is who would be better, Obama or McCain... Naturally some people thing McCain would be better, but I voted for Obama.
Afterall, what has happened up to this point has led you to believe that this is something Obama can't accomplish.
I agree with Sited in that whether he's the best choice or not isn't really the issue. The thing to look at is who would be better, Obama or McCain... Naturally some people thing McCain would be better, but I voted for Obama.
Afterall, what has happened up to this point has led you to believe that this is something Obama can't accomplish.
I thought Obama was elected for President, not for running the economy? How on earth he got the job of running the bail-out programme is totally incomprehensible to me. The Government and the Office of the President should be doing the macro stuff, not the micro stuff.
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