I'd like for you to be honest for a moment. We now have the worst recovery (post recession) on record. 14 straight months of at least 9.5% unemployment... our national unemployment in "recovery" is significantly higher than it was
during the recession. When adding the un and underemployed the number is over 17%.
Here is a chart from the Economist magazine. It takes unemployment data from 30 Countries from January 2009 to July 2010. 25 of the 30 Countries fared better that the US. The average for unemployment increase for the countries surveyed was 1.1%, or nearly 40% lower than our increase.
http://www.economist.com/node/16891781?story_id=16891781
A barrel of oil shot up from $83 to $110 from February to April
this year. I can only imagine the howling coming from you if Bush had been in the White House and oil surged like this. Obama wants energy prices to rise. It's his mantra, so screw cap and trade, he can accomplish the same thing with stupid policy.
The treasury is flooding the currency market yet again putting more pressure on the dollar....
BTW, where are the jobs that Nancy Pelosi promised us "almost immediately" with the passage of Obamacare?? 400,000 jobs?? Wrong yet again.
Obama is not job friendly, not business friendly and misses the fundamentals horribly. At the end of the day, if private enterprise is not healthy and growing the social engineers that wind up in Washington don't have much play money.
Now, if you want to lie to yourself and continue to place all the blame on the previous administration for our current economic conditions then feel free. But I'll ask you, at what point does the current commander-in-chief become responsible for his administration and its' policy?
Hint? The answer "never" is incorrect.