And Obama inherited an economy in which the major indicators track with eerie precision those from 1929, with the exception of the stock market, which appears to have been levitated for the benefit of Wall Street with Quantative Easing money from the Fed. The other exception to the chart comparison between today and 1929 is that many current charts have dropped further and faster than those of 1929, despite the economic stabilizers such as Social Security, Medicare, WIC, Food Stamps and Unemployment Insurance.

Given that Obama's economic team are, while guided by false lights, not total fools and must have seen the same charts, it is hard to see optimism about a recovery as other than disingenuous happy talk and spin--which is blowing back on them and Obama.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

Yes, he inherited a better one.

omg - that was my POINT!  

Maybe we can eventually make language a complete impediment to understanding. -Hobbes