How have the fundamentals of the economy improved since the presidential election?
Posted by admin
Tommy asked:
During the presidential campaign, Obama said McCain was out of touch for saying the fundamentals of the economy were strong.
During the presidential campaign, Obama said McCain was out of touch for saying the fundamentals of the economy were strong.
When Obama was pushing the spending program he said the economy was in bad shape and would fail if we didn’t pass the bill. Now he says the economy isn’t as bad as some people say and the fundamentals of the economy are strong.
Is he saying that the fundamentals of the economy have improved because he passed the bill or is there something else I’m missing?
Kitchen Cabinet Organizers
August 30th, 2010 at 8:29 am
It hasn’t improved at all, only worsen.
August 31st, 2010 at 4:16 am
He may be president, but he is still a politician. don’t trust that guy, period.
August 31st, 2010 at 9:19 pm
1. The bill is needed to stimulate consumption, and the one of the right object to spend the government money is fundamental fields.
2. Emphasis on strong fundamentals of the economy is encouraging investors and consumers to invest and consume more.
This is a very hard question to answer for me because I’m not sure if I should write additional explanations in economics. And, If yes, on how degree. For example, government spending can off-set economic leakages.
It’s over 11 pm. It’s time for me to go to sleep.
September 2nd, 2010 at 12:51 pm
because he passed the bill.