Apparently, most economists would agree that Obama's plan worked.
Originally Posted by tsquare
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As for the numbers, let's see what they say.
On Jan. 21, 2009, the DOW was at 8,000 and falling, GDP for the quarter was down 6.7%, the consumer confidence index was at 37, unemployment passed 7.8% heading for 10%, we were involved in two wars and Osama bin Laden was at large.
Today, the DOW is at almost 13,000 and rising, GDP has been up for ten of the last eleven quarters, the consumer confidence index is at 62, unemployment is at 8.2% and falling, American troops are out of Iraq and Osama bin Laden is dead.
Some people forget that we're coming out of the greatest recession since the Great Depression. It took 9 years and a world war to fully recover then and it's only been three years since this one ended. The economy was starting to recover nicely in 2010 until the Republican's shifted the focus to debt and austerity. It's the Republican's plan that will follow Europe down the road to a double-dip recession and kill what little recovery we still have.