Sunday, November 4, 2012

Reflections - A reminder of where we've come from

We all tend to have a short memory about current events, and the advertising blitz of the current political campaigns makes it even harder to put our economic situation in perspective.

It is easy to be dissatisfied with the current state of the economy when we don't clearly remember just how close to a total financial collapse we were.  In 2008, for Thanksgiving, 800,000 people lost their jobs.  In the next month, for Christmas, 800,000 more people lost their jobs. Thousands of our troops were dying in Iraq and Afghanistan fighting two unfunded (and off budget) wars.  The country was failing, the stock market was in a free fall, and a de-regulated Wall Street had lost Billions of dollars while defrauding investors with exotic derivative investments based on bad home loans.  No one wanted to see or hear from President Bush, with good reason.

Four years later, not a single Republican candidate, even through the entire primary cycle, would dare mention the former President's name.

When I reflect back, I see just how much President Obama has accomplished, and knowing that there is far more to be done, I am proud of what he has done so far.  Here's a video that will put it all together for you.


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