Although we have a ways to go and unemployment is still too high especially in some industries...President Obama and Secy Geithner are beginning to look like genuises.
There stewardship of the worst recession/depression since 1929 has brought this country and the world to the brink of a economic recovery which will parallel the recoveries enjoyed by President William Jefferson Clinton and Ronald Reagan.
December and January are shaping up to be banner economic performances despite significant geopolitical drags on the economy.
http://finance.yahoo.com/
Just look at the headlines in finance today:
GM Sales up 23% but even more important, sales to individuals is up 36%...the fastest growth rate in years
Factory growth is up the fastest pace in 7 years (US factories that hire workers without a college degree)
Corporate earnings are up to record levels too...
All that points to is more hiring and less firing of workers and more spending by consumers as the ones with portfolios spend more discretionary money.
True this took longer than anyone had hoped to move forward on real economic growth, but it is here and much of it because of their great ideas and fixing the shortfalls in the GWB TARP plan so that it would end quickly and without the taxpayers footing a dime...
I am predicting now a similar situation as in 1996 where the economy is humming in 2012 and people re-elect President Barack Obama by a comfortable margin and the moderate centrist that he campaigned on not the left leaning liberal many Kossacks dreamed he would turn into...