It’s a little far-fetched to think that one person (in this case Barack Obama) can fix the economy. Since I agree with many of things Obama has said (but certainly not all), I think there’s the potential for some things to change for the better, but we’ll see.
What do you think?
{democracy:12}

One of the main things to keep in mind about investing, and even the economy, is that the whole thing is cyclical. There will be downs as well as ups. The idea is to arrange your personal finances — and your investment plan — in such a way that you can weather the down cycles and do well in the good times.
Unfortunately, we’ve hit an era in the US where we seem to believe that “economic stimulus” should be a constant. There seems to be a fear in letting the stock market correct itself and even plunge. Instead, we seem …read more

Not too long ago (last week), I mentioned that a $500 tax rebate idea for stimulating the economy was getting kicked around. That idea has been modified to a tax rebate in different amounts for different people, and is expected to be one of the points of a Bush economic plan. And it will probably work.
The government wants us to spend more money, and is willing to give it to us to spend (it builds “confidence” in the market, you see). And, as Americans, we usually do spend the money. Less than half of Americans with a significant tax refund …read more