Obama - Economically? All the right moves.

As someone who spends way to much time studying the stock market and following the financial world I can say that, Economically speaking - This President has so far made all the right moves.

His first daunting task was to stop the U.S. economic freefall.
We were sliding toward the edge of a bottomless pit and picking up speed. The course of action he chose stopped that fall and now things are improving. If you have any real idea of just how grim things were, stopping the decline and loss of jobs would be enough in itself. What is more amazing though, is that he managed to do this while enduring some of the most contentious political conditions of any President.
President Obama has managed to navigate Washington politics while being one of the most productive Presidents in history, taking care of many of the little, unglamorous, "housekeeping" items that have been ignored by past White Houses and building up for decades on the national "to do" list.

He has gotten laws passed to reform the predatory credit card industry ... laws that congress has been simply passing the buck on for over 25 years!
He is the ONLY President to finally get a Health Care reform law passed. Now it is up to congress to make it the best bill it can possibly be. Will they work for America and make it better? Or will they just play politics and try to repeal millions of Americans' Health Care and cost us ANOTHER 350 billion dollars?
While both sides of the isle were too busy playing politics to effectively govern, this President has made unpopular compromises to keep things moving forward. After years of "out of touch millionaires", playboys, and idiot cowboys ... it's nice to finally have an intelligent adult in the Whitehouse.

Economically speaking though ... try to imagine the horror of where we would be without this President's leadership.
Even with the Republican's publically sworn effort to block EVERY bit of recovery and economic stimulus effort that the President tried to bring to the American people, even with the Republican's vowing to try and "shut down" the government this last year while our economy hung at the very brink ... this President has managed to stabilize the economy (keeping us from sliding into a "double dip recession") and engineered a recovery.

For the last two years though, the Republican machine has tried it's best to make the public believe(with some success) that there is some secret button somewhere that someone could press to put the economy right back where it was before the Great Bush Recession. However, all of the thinking, rational adults in the room(an ever decreasing number) realize that even under the BEST of circumstances (not where we are) undoing an economic crash is a long slow process.
You just don't expect the cancer ridden, crash victim to leap up out of bed and start dancing the highland fling simply because they no longer need life support.

This might also be the time to point out that the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite are all at multi-year highs, lifted by a bullish outlook for financials and the recent Federal Reserve's beige book report showed that the economy was growing at a moderate pace, with some areas such as consumer spending and manufacturing showing actual signs of STRENGTH. That's "growth" that was occurring while the Republicans have been crying that the sky was falling.

As for unemployment, it is a huge entity that behaves not unlike a mile long freight train. It takes it a long long time to get up to speed and once moving it is very difficult to stop. Dubya Bush had been accelerating unemployment for 4 years and with it still accelerating he handed the controls to President Obama. Obama has managed to stop that train in less then two years and has begun to get some movement in the right direction. Who ever our next President will be, they will be reaping the rewards of this Presidents efforts with the economy as all signs indicate it will have steady forward momentum by 2012.

All in all, it really is quite amazing that with the Republican's putting forth their full effort to sabotage the recovery and the Democrats inability to form a cohesive, focused direction on ... well, anything - that this President has STILL managed to steer us out of the rocks and has us headed back to recovery.
Spectacular really.