Obama '08?

http://www.market-harmonics.com/free-charts/sentiment/consumer_confidence.htm

Any reason why you chose the indicator that showed the least improvement of the three? And ignored the fact that all three show improvement over the last year?

My graph was concentrated into the 12-month period that doesn't show the huge drop which seems to imply that Obama was the cause.

Your original graph was inaccurate to the extent it shows consumer confidence at around 25 at the end of August. You tried to lie about consumer confidence with your graph, and I showed why.

You're an idiot! You try to spread false rumors about matters that you know very little.

...but I do not see long term prosperity until we get a president and a congress that actually believes in free markets and brings about structural changes to the existing roadblocks to progress

okie, You are a hopeless ignoramus!~

The Us economy gets lift from the stimulus
WASHINGTON -- Government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades-----

Economists say the money out the door -- combined with the expectation of additional funds flowing soon -- is fueling growth above where it would have been without any government action.
Many forecasters say stimulus spending is adding two to three percentage points to economic growth in the second and third quarters, when measured at an annual rate. The impact in the second quarter, calculated by analyzing how the extra funds flowing into the economy boost consumption, investment and spending, helped slow the rate of decline and will lay the groundwork for positive growth in the third quarter -- Osomething that seemed almost implausible just a few months ago. Some economists say the 1% contraction in the second quarter would have been far worse, possibly as much as 3.2%, if not for the stimulus.

For the third quarter, economists at Goldman Sachs & Co. predict the U.S. economy will grow by 3.3%. "Without that extra stimulus, we would be somewhere around zero," said Jan Hatzius, chief U.S. economist for Goldman.

Barack Obama is on track to have the most spectacularly failed presidency since Woodrow Wilson.

In the modern era, we've seen several failed presidencies--led by Jimmy Carter and LBJ. Failed presidents have one strong common trait-- they are repudiated, in the vernacular, spat out. Of course, LBJ wisely took the exit ramp early, avoiding a shove into oncoming traffic by his own party. Richard Nixon indeed resigned in disgrace, yet his reputation as a statesman has been partially restored by his triumphant overture to China.

George Bush Jr didn't fail so much as he was perceived to have been too much of a patrician while being uncomfortable with his more conservative allies. Yet George Bush Sr is still perceived as a man of uncommon decency, loyal to the enduring American character of rugged self-determination, free markets, and generosity. George W will eventually be treated more kindly by historians as one whose potential was squashed by his own compromise of conservative principles, in some ways repeating the mistakes of his father, while ignoring many lessons in executive leadership he should have learned at Harvard Business School. Of course George W could never quite overcome being dogged from the outset by half of the nation convinced he was electorally illegitimate -- thus aiding the resurgence of the liberal wing of the Democratic Party.

But, Barack Obama is failing. Failing big. Failing fast. And failing everywhere: foreign policy, domestic initiatives, and most importantly, in forging connections with the American people. The incomparable Dorothy Rabinowitz in the Wall Street Journal put her finger on it: He is failing because he has no understanding of the American people, and may indeed loathe them. Fred Barnes of the Weekly Standard says he is failing because he has lost control of his message, and is overexposed. Clarice Feldman of American Thinker produced a dispositive commentary showing that Obama is failing because fundamentally he is neither smart nor articulate; his intellectual dishonesty is conspicuous by its audacity and lack of shame.

But, there is something more seriously wrong: How could a new president riding in on a wave of unprecedented promise and goodwill have forfeited his tenure and become a lame duck in six months? His poll ratings are in free fall. In generic balloting, the Republicans have now seized a five point advantage. This truly is unbelievable. What's going on?

No narrative. Obama doesn't have a narrative. No, not a narrative about himself. He has a self-narrative, much of it fabricated, cleverly disguised or written by someone else. But this self-narrative is isolated and doesn't connect with us. He doesn't have an American narrative that draws upon the rest of us. All successful presidents have a narrative about the American character that intersects with their own where they display a command of history and reveal an authenticity at the core of their personality that resonates in a positive endearing way with the majority of Americans. We admire those presidents whose narratives not only touch our own, but who seem stronger, wiser, and smarter than we are. Presidents we admire are aspirational peers, even those whose politics don't align exactly with our own: Teddy Roosevelt, FDR, Harry Truman, Ike, Reagan.

But not this president. It's not so much that he's a phony, knows nothing about economics, is historically illiterate, and woefully small minded for the size of the task-- all contributory of course. It's that he's not one of us. And whatever he is, his profile is fuzzy and devoid of content, like a cardboard cutout made from delaminated corrugated paper. Moreover, he doesn't command our respect and is unable to appeal to our own common sense. His notions of right and wrong are repugnant and how things work just don't add up. They are not existential. His descriptions of the world we live in don't make sense and don't correspond with our experience.

In the meantime, while we've been struggling to take a measurement of this man, he's dissed just about every one of us--financiers, energy producers, banks, insurance executives, police officers, doctors, nurses, hospital administrators, post office workers, and anybody else who has a non-green job. Expect Obama to lament at his last press conference in 2012: "For those of you I offended, I apologize. For those of you who were not offended, you just didn't give me enough time; if only I'd had a second term, I could have offended you too."

Mercifully, the Founders at the Constitutional Convention in 1787 devised a useful remedy for such a desperate state--staggered terms for both houses of the legislature and the executive. An equally abominable Congress can get voted out next year. With a new Congress, there's always hope of legislative gridlock until we vote for president again two short years after that.

Yes, small presidents do fail, Barack Obama among them. The coyotes howl but the wagon train keeps rolling along.

What happens when all of the stimulus money is spent?

Will the projects that are being funded by that money stop, or will they keep going?

Will all of the people put to work still have jobs, or will they all be let go because the money to pay them isnt there?

There is precedent for the opinion that they will all be let go, because it happened before.

When Clinton came up with his idea to put all those new cops on the street, it only worked as long as federal money was being spent.
When the money ran out, many of those new cops lost their jobs.

Will it happen again now?

But, Barack Obama is failing. Failing big. Failing fast. And failing everywhere: foreign policy, domestic initiatives, and most importantly, in forging connections with the American people. The incomparable Dorothy Rabinowitz in the Wall Street Journal put her finger on it: He is failing because he has no understanding of the American people, and may indeed loathe them. Fred Barnes of the Weekly Standard says he is failing because he has lost control of his message, and is overexposed. Clarice Feldman of American Thinker produced a dispositive commentary showing that Obama is failing because fundamentally he is neither smart nor articulate; his intellectual dishonesty is conspicuous by its audacity and lack of shame.

Obama intends to "challenge students to work hard, set educational goals and take responsibility for their learning," Duncan wrote. Obama will also call for a "shared responsibility" among students, parents and educators to maximize learning potential.