We have inherited an economic crisis as deep and as dire as any since the Great Depression. Economists from across the spectrum have warned that if we don’t act immediately, millions more jobs will be lost, and national unemployment rates will approach double digits.
The unemployment rate in 1982 was 9.71 according to this site. Mortgage rates were over 10%, that was the worst recession since the depression, this is a bump in the road compared to that time. Gas was higher, food was higher, and the cost of living was higher.
Mr. Obama has got to stop campaigning, he is President now, he needs to drop the rhetoric and act like a President, not like a spoiled child.