[quote="Arani"]People seem to forget what a horrible economy obama inherited. He's a trying to turn things in the right direction. But one term isn't enough to fix everything lol.[/quote]
Yes, he inherited a terrible economy from President Bush; it was the very same thing he elected to turn it around. And nonsense, he had plenty of time to turn this ailing economy around. Look at President Reagan: he inherited a worldwide recession, and managed to turn it around into a boom economy with record-low inflation and 7.2% unemployment rate (still a high unemployment rate, but slightly lower than he came into office). All in his first office.
As for Obama, yes, he should be credited with creating 4+ million jobs, and
less people are on unemployment benefits but we're back where we started on the unemployment rate when he took office at 7.8%. Not to mention, he inherited a $458 billion budget deficit and turn it currently a $1.327 trillion deficit according to this
source, and pledged to cut the deficit in half. So much for that... I'll let him off on the massive growth on the national debt (currently at over $16 trillion) because no president can lower it unlike the deficit.
Anyway, only to Americans, who is going to watch the town hall presidential debates tonight? What were your thoughts on the previous ones this month?