Quote from RCG Trader:
Obama will tell the nation what the magnitude of the situation was when he came in, it took one term to clean up, it will take another term to completely turn it around, but if we change captains, we will be putting in charge the same people who ran the ship aground.
Something to that effect. He will deliver this message in way that no one other than Romney can counter. You heard it here first.
Are you a teenager?
"The Great Recession has now earned the dubious right of being compared to the Great Depression. In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the year 2000. From the moment the Obama administration came into office, there have been no net increases in full-time jobs, only in part-time jobs. This is contrary to all previous recessions. Employers are not recalling the workers they laid off from full-time employment.
Our political leadership in both Congress and the White House will surely bear the political costs of a failure to work out short- and long-term programs to fix the job shortage. The stakes are too high to play political games."
