Why Trust Politicians to Right the Economy?

So, you voted for Barack Obama because you believed that after all the "atrocities of the Bush regime" the economy would right itself, the world would love America, and all our problems domestic and international would go away.  Here's my analysis on a host of issues that have killed us.  

The media and the Democrats would like you to believe that it is Bush's fault that all our economic woes have been what they are.  Here's my list analysis:

 1.  Democrats take control of congress at the beginning of 2006.  (Nancy Pelosi begins having measures taken to hang curtains in her new office as "Speaker of the House.")

2.  Shortly after Democrats take control, gas prices began to skyrocket, taking money out of the pockets of American consumers.  

3.  Congressional Democrats promise to let the "Bush tax cuts sunset." I remember hearing that term, which is a euphemism for "you're going to get economically spanked!"  

4.  Republicans refuse to strongly fight Democrat ideas tooth and nail, acting cooperatively.  Getting along, you know, since they won.  (Remember Nancy Pelosi screaming after Bush won a second term- "Republicans don't have a mandate!"?)

5.  Stimulus package 1: Before the 2008 presidential election, after we learn from the Treasury Secretary that due to numerous bank failures-many owing to the irresponsible lending going on through Fannie Mae and Freddie Mac-we must have a stimulus package NOW!  

6.  Even after stimulus serious "Bear Market" continues-Obama leading in polls doesn't seem to help.  

7.  Obama gets elected, then becomes president.  The market continues slipping . . . when will it end?

8.  News of a new stimulus package doesn't seem to help.  Irresponsible and out of control spending is promised as "Bear Market" continues.  

9.  Announced yesterday, January 26: several industries promise losses of a combined 40,000 jobs in the US.  

A note on Democratic leadership:  It doesn't have an effect on markets and the economy does it?  Not!

Here's a contrasting example: 

Gas prices went above $4.00/gallon at one point.  Energy markets did react when Bush promised a moratorium on the executive order for offshore drilling.  Gas prices went down.  As the cry for "Drill here, drill now" continued energy markets further reacted.  The bubble burst, and because gas prices are now around $1.71/gallon, you have more money in your pocket, which is good news, as consumer spending would be down even further.  

Now, gas prices did go up when hurricane force winds hit the midwest (which was in September of 2008.  Bush announced lifting the moratorium in July of 2008).  Of course, Bush's action was called a "political stunt" by Rahm Emmanuel (Obama's new "Chief of Staff"), however, those small political actions-probably combined with less use of gasoline resources led to the lower prices.  Markets reacted! Duh!

-Article on Bush lifting executive order on offshore drilling, July 2008 . . . .

When politicians don't do stupid things, markets react positively, and when politicians continue to do lots of stupid things, well, what you're seeing now Jan 2009, the economy stinks.  

Two more terms of Jimmy Carter is not what we need to make things better.  Something to think about . . . .  More of politicians doing stupid things is not we need.  

Now, since some of this is based on my own historical memory of things I heard or saw, if you can prove me wrong on various points, correct me.  This is just the way I see it.  Hang in there for now: voting Republican in the 2010 congregational elections can only help.  -Cal Samuel August.  Copyright 2009.  All rights reserved.