Originally Posted by JP513

You wanna make a bet right now? I love your logic man! But he doesn't have to pull "magic rabbits out of his ass." He can be beaten if things get worse or don't improve, but I believe it will improve by 2012. The democrats may take some hits in the 2010 congressional mid-terms because the recovery is a work in progress, but the presidential election is more than 3 years away. I am pretty sure the economy will be back on track by then and it won't take rabbits and asses either. Given his personal popularity (which will fluctuate), all he needs to do to be re-elected is make marked improvement and point to sound, factual gains in the economy, particular unemployment. Basically, like Reagan in 1984.

There's no magic pill, but there are a lot of very smart people who believe that the way out of a recession is to follow a spending/stimulation and accumulation debt plan, and grow your way out of it later:

This is basically what Obama is doing:

http://en.wikipedia.org/wiki/The_Gen...st_and_Mon ey