>>I expect that this is true. It happened after the depression even though FDR's New deal lengthened the depression considerably. When prosperity returns, it will not be because of Obama - it will be in spite of him.
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>rof,l
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>Because three years of Hoover's laissez faire policies after the crash had done so much to help the country get moving again and FDR's programs came in and turned all that progress around. Yeah, right.
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>Tamar

IMHO, what is hurting the economy most is the talking down of it. Obama talked the economy into the trashcan in order to get support for his stimulus bill. He was supposed to be our great motivator and he is motivating everyone to stop spending and worry worry worry. That has an extreme trickle down effect. The media perpetuates and exacerbates the problem. If some very respected economists and Obama would publicly declare the economy will turnaround withing so many months, it would. The public media follows the news and reports on it ad nauseam and then the public follows the media.