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If the economy starts to recover before Obama takes office and enacts his policies...?
Will the turn around be credited to Obama becoming president, or the actions of bush and the the current congress?
An economic reovery at this point to me would be a stabilization...I do not mean that the dow is heading back to 13000
3 Answers
- 1 decade agoFavorite Answer
Do you want an honest answer or what the media is going to tell you? Anyone who knows anything about the economy will tell you that it will go thru ups and down and will recover itself. If and only if Obama takes the office he will become a national hero for saving everyone that is if he does not ruin everything by raising taxes on capital gains. This is another reason why the Stock Market is still in question... Most people do not want to invest if they have to pay higher capital gains tax. For them it is better to hold the money than to give it to people who do not pay into the system to begin with.
- AnswermanLv 41 decade ago
I'm sure Obama will take credit for it. After all, he does think he's the smartest man in the world.
