Well he hasn't done anything that has helped. He supposedly appointed "the most capable" people and had the "greatest economic and transition team ever" and ..nothing.
It's clear to see that the driving force of the economy is not in sync with Obama's plans. They do not see an environment for business to thrive so they are not investing or growing their business. They are scaling back.
Cap and trade - negative
Tax over 200k negative
Employee Free choice Act - negative
cutting defense - negative
No domestic drilling - negative
Encouraging states to put more people on welfare - negative
trillions and trillions in debt - negaitve
Mortgage plans to help those who don't deserver it - negative
These are the ideas he has put out and none of them are going to help the economy.
The biggest single thing that congress should have done was to give all americans a payroll tax holiday for 6 months. That is some major incentive and it would have gotten in hands of Americans immediatly
Now we are waiting for the money to slowly trickle in and for projects (which are not so shovel ready, I guess) to get started.
He signed the schip into law which is going to tax smokers (which are all mostly the lower income level). How is that helping them with their spending. And when they buy less cigarettes and the tobacco companies lose money, that's less they can give to the government.
It's all connected and Obama does not get it.
