Obama policies: Stay the course
There are many voters who are dissatisfied with the economic situation. What many don't understand is that Obama was bequeathed by the previous administration a vast economic crisis - a crisis far worse than what Jimmy Carter had bequeathed Ronald Reagan. Reagan's economic policies took time to mature, and in 1982, at the comparable time in Reagan administration, America was in the middle of a deep recession. Reagan's statement on this was "stay the course." The course was stayed, and the following year America was booming. The same is the correct path to take now. Stay the course, let the policies work, and allow America to recover from this crisis and come out better than ever before.
It was not the only time in history that such a thing happened. In 1932, Franklin Delano Roosevelt swept into power in the middle of the Great Depression promising policy change that would benefit the American people. At the end of his administration, America not only had fully recovered economically but also became by far the world's greatest power. The New Deal policies that he brought in lasted until Reagan likewise swept into power in the middle of a major crisis promising a different policy change. The Reagan policies, which many on the Right see as a cure-all for everything, were shown to be anything but when Bush Jr. took them even further than had Reagan, resulting in vast debt and an economic collapse. In much the same manner as Carter had taken Roosevelt policies further than had Roosevelt, likewise with highly undesirable results.
The American Right's' claim that they are the party of small government or fiscal responsibility is a transparent lie. The federal budget was $1.8 trillion at the end of the Clinton administration and $2.9 trillion at the end of that of Bush. It was Reagan, Bush Sr. and Bush Jr., the last of them with the Republican Congress, that created the debt, taking it from $1 trillion that it was at the end of Carter administration to $11 trillion at the end of Bush Jr. The only fiscally conservative president in recent memory was Bill Clinton; and his hard-won accomplishment was destroyed by Bush and the Republican Congress, who blew a huge hole in the budget without creating a single job. The policies that were supported by the people who are now the Tea Party gave America $6 trillion extra in debt, no new jobs, and a vast economic crisis. And now they are trying to blame everything on the Democrats and shunt their responsibility for the crisis that is still gripping America today.
The same people who have given America its greatest and most unnecessary expansion of debt, as well as the present crisis, are now trying to come back to power claiming that they are the party of small government and fiscal responsibility and blaming the crisis as well as the debt on the Democrats. This is how far from sanity the American Right has gone. This is how far from responsibility the American Right has gone. This is how far from integrity the American Right has gone. And people who are this thoroughly dishonest while claiming to have these virtues have nothing good to offer America.
The economic crisis that America is facing is a direct result of Bush Republican policies. Obama policies have kept the crisis from becoming much worse than it has. It does not take overnight to recover from a crisis this deep, and the reasonable action is to let the policies the time that they need to work. Stay the course. Let the policies the time that they need to take effect. And see America come roaring out of this crisis as it has done in previous situations of this sort.