Does anyone truly remember what it was like when President Obama took office? The DOW had dropped to 6500 from its height of 14000. More than 50% of the wealth of the stock market was gone within a few months. I had friends literally crying over their retirement accounts and the college funds they had set aside for their children. The dow closed last week in the mid 13000s.
Lehman Brothers, one of the most renown and traditionally secure investment banker houses went belly up. General Motors, one of America’s premiere corporations, as well as the rest of the entire auto industry, were circling the drain and ready to go bankrupt. The auto and banking industries had both recovered and are having record setting years.
We were actively engaged to two costly wars with no end in sight. And Bin Laden was still at large.
I think that Obama has made some mistakes. Big mistakes. Many families are still hurting. However, there is no way in hell that the country as a whole was in a better place four years ago.