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From The Publisher:Consumer Confidence

8:27 pm by admin Leave a Comment

This week the media reported several polls that said president Obama’s numbers are down and how much of a concern this was. The polls tell us his numbers are at the lowest they have been since he took office.
The truth is the economy has taken a toll on the country. I believe he told us the truth when he said things were bad and it was going to take time.

It has been a year. I have never been an Obama apologist, but some of the talk out there is not very thoughtful. It’s more of a “pile-on/kneejerk” reaction. Obama has taken on a very challenging endeavor. Not many politicians would have tried to take on so much so soon. Most would have kept us on the same path as Bush, and that’s only if the country could stand it, and I don’t think the country could have survived on that path. If Clinton would have won, she would have made some of the same decisions that Obama has made due to her intellect, however, most likely
she would not have taken on healthcare during her first year. For most politicians it’s simply too risky. It’s so controversial it could lead them away from the place they want to be most, in office.

In the midst of Obama’s “failing” numbers, the media didn’t highlight the fact that several banks repaid funds that were loaned to them in the bailout. Wells Fargo made a 25 billion dollar payment and others followed suit. One wise crack was the reason the banks paid the cash back was so they could pay their executives huge bonuses. Great, if they could borrow billions of dollars from the taxpayers and be able to pay us back within the allotted time, then maybe they do deserve a bonus for their performance. And while you’re at it, give us a dividend.

Job growth has not met expectations, but no one knew the answers to this economic riddle. We were in uncharted waters. Unless you were here in the 30s, this was a once in a lifetime recession. There are some similarities with Bush and Obama’s administration, but as a consumer, I feel that Obama at least demonstrates a concern for every American. I recall when the gas prices were skyrocketing, all Bush did was say, “Let’s let it play out and see what happens.”

That made me angry. The president doesn’t affect our day-to-day, but we want to feel that our government is being run with our best interest at heart. Then, we can make our decisions accordingly to advance. America may not be on the schedule we want, but it certainly is not in the outhouse like we were two years ago. It was such a mess that it is
going to take time to get back to where we once were. I am confident things are getting better. If you doubt it, just look around, you are still here.

Sedric Walker

Filed Under: Opinions

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