Despite rising criticism from Democrats such as former President Bill Clinton, President Barack Obama tonight should stick to his demeanor of being serious about the economy and not offering any kind of false hope of recovery soon.
No one knows when recovery will come, or if it will come even during his first term.
Remember, the Great Depression reached its bottom in 1932, with one in four Americans were unemployed. By 1937, economic numbers were almost as bad. It was not until World War II did recovered employment levels return to the U.S. economy.
If the Great Recession is anything like the Great Depression, Obama will be out of office before the economy fully recovers.
Hope is useless unless it is backed with some fact. Plans do not equate to evidence. Obama in his State of the Union address should leave hope for another day when there is evidence that it is warranted.
Tuesday, February 24, 2009
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