Reply #3: Not true... [View All]

[SkyDaddy7]

The headline is misleading...The numbers do suggest things are beginning to stabilize. The turn around does not happen instantly. The housing bubble busted and it will take time to get back to positive growth. Just like every other bubble did. However, this time every aspect of the economy crashed so it will take longer. I know nobody that I know of here at DU like Obama's economic team but I am not ashamed to say I do! I also like Capitalism and I know Obama & the Congress are going to reform our regulatory system so that crap like this does not happen again...At least not for another 50-70yrs. LOL!

I am very optimistic about the future of our economy. I also know I will probably get pumbled for such strong support of Obama's economic team and policies but thats life.

Yes, I like Geithner!

Yes, I put my money where my mouth is as well...I bought GE & First Solar (although not much as TAT) to hold as they are positioned to benefit off the Stimulus & Obama's budget and to my surprise I have already tripled my money already. Of course the stock market is only a leading indicator of economic turn around but at least it is a positive sign.

I am sorry but I try to stay positive about things. And the data coming out is positive. Lets just hope it continues to get better. Job creation is the lagging indicator and they claim it should begin to turn later this year. I hope it will. The Republicans want Obama to fail as it is there ONLY means of gaining back seats. If Obama's economic policies work the Democrats could control the government for a very long time! Again I am thinking positive.