The Economic Situation

I'm sure congress, politicians in general are to blame but i do blame BUSH for the mess the u.s. is in.What a dork!!!!

I am not from USA so I don't know much your economic problem. But I read about economic crises of USA and some countries of Europe. I am from India our economy growing well. We have not any economy crises.

The problem with the economy is that nobody(including our elected leaders) knows what all the government regulations are. For example the EPA can grant you approval for a project to drill for oil. You spend $40 million to develop and getting ready to drill and the EPA clean air division decides that you might (repeat) MIGHT cause air problems in a village miles away so no permit to operate. In California you can get a permit to build and build your multiple million dollar house. Once the house is built you have to apply for a certificate of Occupancy. This group decides that the house is built on a hill side and might be subject to mud slides so you can build the house but you can't live in it. You are a business person and have money to expand what do you do? Do you invest your money in hiring new people only to find out that you will have to pay higher insurance costs because the government mandated more coverage. Or maybe you build you building and get everything in and then OSHA comes in to inspect and you find that the mirrors in the bathrooms are too small (the plans were approved bu the building commission). That is the power of the regulators they don't have to tell you ahead of time what is required because that is someone else's department. Don't forget to figure in taxes. If you expand your business and make more money only to find it eaten up in taxes so what is the incentive to expand and hire more people?

No, he did not inherit the mess he has put us into. If you added up one million dollars every day from Christ's birth it would not equal the money Obama has spent. Yes, I blame him. Absolutely. And he wants to spend more and more until he has totally ruined America. He refuses to even consider what needs to be done to CUT SPENDING. Yes, he's at fault. And we need to make sure he does not get another 4 years.

Though I don't live in your country i am very much well aware of the economic crises people are going through and i'm not blaming your president for it. The situation is almost similar to our country where the blame is put on the President when he's been serving our country only for a year. Others say he's incapable because he's the youngest and he's not married. Worst, they say he's crazy but i don't believe in those crap. I agree with you that a single person couldn't change a country's problem overnight. Unless the citizen would cooperate and stop complaining. LIke your President, I am also putting the blame to the former President who allowed the corruption to blossom everywhere in our country.

We should not blame the presidents of any country for our bad financial situation. We should try to do something to improve our life instead of blaming those people in the government.