Obama says expect change? I don't see it Options

[Tung]

I don't know man. The people he's choosing for his cabinet is very questionable. I would like to focus on how and why he is picking his cabinet, on the one hand, from different constituencies but, on the other, how he is tapping primarily Clintonites who were responsible for deregulation and the economic catastrophe now upon us.

I don't know if you guys been reading up on what's going on, but I just feel Obama's economic policies and "plan" is going to backfire, and I really expect an economic catastrophe in 2009. There's already a projected 300,000+ jobs being laid off, in just California alone I believe. I was also reading up on this study that they did on Black Friday. They interview alot of people, and most of them said Black Friday was the first time they went shopping in the whole month of November. They furthermore said, they won't be shopping for a while, and already got their Christmas shopping done. What does that mean? Economy will suffer greatly this month, than in the past years. This means business won't be good. =\

Anyways, I'm questioning Obama's choices for his cabinet.

[LittleMissSunshi...]

if you think about it, Obama isn't going to change the U.S so quickly. It's going to get bad before it gets good. I mean Obama can't change the economical country in just 1 year. Bush messed it up, and everyone thinks Obama is going to change everything so quickly, he's not because you can't fix 8 years of mess in just a short amount of time. It's going to get worse before it gets better.

a lot of people will be upset and they'll think Obama isn't suited for president and they regret voting for him. but in reality it's just the way it is, if it was Mccain who would have won, it would still be bad, and might even be worse in the future. in either case, we don't know what's going to happen, it's all just bad stuff cause of the economy.

[mipadi]

if you think about it, Obama isn't going to change the U.S so quickly. It's going to get bad before it gets good. I mean Obama can't change the economical country in just 1 year. Bush messed it up, and everyone thinks Obama is going to change everything so quickly, he's not because you can't fix 8 years of mess in just a short amount of time. It's going to get worse before it gets better.

I don't think we can blame the economic troubles on Bush. I'm of the opinion that the US president rarely influences the economy a great deal, for better or for worse. There are a lot of factors that affect the economy; the failure was due more to corporate greed than anything the President did.

Where Bush screwed up, however, was in his unconditional bailout of the financial industry. That was a bad idea. Furthermore, it's at odds with his own policies. The eight years of the Bush administration has been marked by intense deregulation and a laissez-faire approach to business, yet ultimately Bush (and, to be fair, Congress) just involved the government in business big-time. What's ironic is that during the election campaign, the right-wing accused Obama of being a socialist, yet our right-wing President authorized the bailing out of an entire industry. What's it called when the government owns the means of production? Oh, right: socialism.