I hope for the country's sake that Obama's strategy works, but I strongly feel that he's incorrect - the strategy is quick fix based, and the problem is long term. Carrying and increasing deficits will be our downfall. The public should be encouraged to save, not to use credit. And should be educated in what saving and credit mean over time.
As I see it we will have a slow recvery as A boring stock market no huge spicks . I hope as does the president a stble market picking up 20 to 50 points a day . This can be substained as long as we have hit bottem already. but other things will affect stock I fear the flu outbreack if it reaches the levals I fear . retailers will suffer as people will stay at home some industries will close plants as it spreads . It is a short trem problum but it will affect markets for a month than as people who have not shoped A huge rebound of pentup buying will occur hold those stocks drop and rebound all in a month . Investers need to realize A it for what is A drop than a rebound tied to a flu outbreak . dont sell