Barack Obama has surged to a 5 point lead over John McCain in the latest Gallup Daily poll. Following one of the most down weeks in Wall Street history, voters clearly doubt McCain's ability to steer the U.S. economy toward a recovery. Legislators will meet next week to push through a multi-pronged government rescue effort aimed at calming markets and restoring investor confidence. In the meantime, the Republican administration has essentially put free-market capitalism on a time out, bringing billions of dollars of private enterprise onto the U.S. balance sheet, and outlawing short sales of financial companies.We'll see next week if this last-gasp effort on behalf of regulators helps soothe the markets.
The way Obama has talked of the economic crisis has sawyed many voters and businesses throughout the nation. I had a chance to see a public announcement Obama made on youtube. It is just labeled as "Obama on Economic Crisis" at youtube.com. It showed several strenghs in his ideas as well as what he felt should be changed.
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In this video clip,Obama emphasizes the three goals of providing capital to financial system, enabling the financial market to function, and helping sturggling family restructure their family morgages by changing bankrupcy laws.By pointing to the problems, he is calling for a change. And he also outlines the bright future by giving solutions to these problems,and thus he is emphasizing optimism for the future.
but sometimes obama can get too optimistic and building hopes for the people, like when he said by march 2009 all the troops in iraq are goin to be back .. that was just big talk to me bc it is IMPOSSIBLE to leave Iraq by march 2009 !!
Obama has an extensive solution to economic reform. Obama's economic solutions are far more impressive and in my opinion beneficial to our current issues than McCains. The economy is a hot topic in America and I think it will be a major factor in determining the outcome of the election. Obama's optimism for the future is mollifying to Americans, especially those struggling economically.
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