Hope and Change is now Doom and Gloom

Well which is it? Do you think this is a case of actually believing that the economy is in such a bad state that it is misleading to state otherwise? Do you think it is much easier to point fingers at the person in charge until you know what he knows? Or do you think that it's better to preach doom and gloom because then no one will get their hopes up and then be disappointed when things don't improve?

Wow.. quite a pessimistic you are yet you talk about Obama being the same. It's actually for the best that Obama would tell us where we are and how we can move from thereon. I think your opinion is too much prejudiced, are you one of the Obama haters? I know I am not for or either. Give the guy a few more months, uhh.. no give him a few more years. It's not an overnight solution you know where everything can be resolved right away. Gotta give someone a chance. If you were the president, do you think you can fix things that easy? oh man.. gimme a break. I'm usually a peace loving person but I get irritated by these comments easily when the person involved hasn't had a good enough chance to prove himself.

It seems like this bad economy is a self-fulfilling prophecy. The housing market begins to look a tad better and they say well it is only one month, it is not a trend, it probably will not happen next month. How about if they spin it a different way - the housing market did not lose ground in the month of ......... , if this trend continues, the time to buy a house is now before the prices begin to go up and your choice of available homes decreases. So some people that maybe sitting on the fence go out and take the plunge and they get a great deal on a house and maybe for the 2nd month the housing market appears to be stabilizing...this maybe a trend. Get out there and get a house now since it looks like the prices will be going up soon. Again a self-fulfilling prophecy...the same news presented in a different way can make all of the difference. If i had the money, I would be jumping into the stock market right now with both feet. It is down and it has no where to go but up. You are right...let the market fix itself. The more he talks about it, the worse it sounds and the more worried we become and ..... you guess what happens.

man!!! people !!! get real. he just officially got in office LAST MONTH. it took the last camp 8 years to french things up. he never said he was god, or that he could just snap his fingers and make change appear overnight. he said, rougher times will come before the rising of the sun. it is inevitable. we won't really HOPE to really see the actual impact of his CHANGE, at least until his last term. another thing, why is the pressure on him to be a magician, when there wasn't on any other president. oh, ok, i get it. he is black...so he better prove himself, right? yes, i said it. now it's out in the open. the real underlying truth behind people's "high expectations" of him. geeze.

Bob, you also have to be realistic, people have been yelling at our government officals for years for not being honest with us. I think that Obama is doing the right thing by putting it all on the table so we all know just how bad it is. If you don't know the whole economic picture, how can you fix the problem? The people down here have a leader, and he is trying to clean up the mess left by a "Free Market" republican (I guess that free market idea really doesn't work that well after Bush spent the last 8 years pushing free market ideals). If republicans think that fighting everything he does will help the country, then they are wrong. Repubilcans have to make a decision where to support your country, or party. It is their choice, in this case they can't do both.

I think it is truly too early to judge Obama as a president. The government tends to hide many things from public eyes to keep everyone from going into a panic mode. I have been saying for the last couple years with just watching the news and listening to people in general we were heading towards a depression. They kept denying that we were in a recession for a long time, and then they say yes, we are there and been there. Our current economic mess in my opinion is a lot worse than what the economist and our government lead us to believe. You also have to remember Obama just walked into this position and was more than likely hit with the same "shock" a lot of normal citizens are being hit with on a daily basis. I think I would much rather have a president who is going to tell us how it is and give us the inside look on just how bad things truly are than to have a president who constantly denies that we are in a recession and that things will get better. Unfortunately, his hope and change can't be put into effect right away until he "cleans up" the mess he was left with.

This is correct. A big and integral part of a strong economy is consumer confidence. The 0bamunist is undermining that confidence every time he speaks. His statements are extremely harmful to our economy, and he isn't smart enough and experienced enough to realize that. This is what happens when you put a naive and inexperienced community organizer into any kind of office... and this one was elected president. The government need to get out of the way of the markets and stop interfering. It was the governments interference in the financial markets that created this mess in the first place.

I agree, he went from total optimist to total pessimist. Yes, the economy is in bad shape but part of his job is to be the cheerleader of the nation. If even the leader talks doom and gloom... well that will have a negative impact on the market. It started with 'if we don't get this stimulus package passed, we'll face a depression, everything will get much worse'. Then it seemed to slowly sink in that this monster of a package won't work so the message became, 'it'll get worse but it'll get better and this package is needed'. Now that it is passed and an absolute monstrous trainwreck it became doom and gloom with him. And really, the investors show it with their lack of investments and enthusiasm about the bargains that are to be had right now. The population is reflecting it, too. He might think he is setting himself up as our savior by telling us everything is really really bad and it'll get worse but in two or three years he'll start shining as our savior, lol. But his behavior as our leader is making things much worse than they ought to be.