Do the retail and employment stats suggest that Americans have faith in Obama's abilities?
Retail sales are down and unemployment is on the rise. Does this imply that Americans didn't really vote for change, since the numbers don't reflect CONFIDENCE in this new administration?
Asked By: ~ - 12/4/2008
Best Answer - Chosen by Asker
Well, let me see. We are facing a global economic crisis of unprecedented proportions and the brand new President-Elect has about as much experience, knowledge of or insight into economic issues as your next door neighbor. He has never been the leader of anything yet will have to try to lead a bunch of Washington... More
Answered By: Jacob W - 12/4/2008
Additional Answers (14)
We are still feeling the after effects of Bush and his quest to totally ruin America. Obama hasnt had a chance yet to heal and restore faith. Its the fault of the republicans entirely. We can thank Bush for this mess. Totally Bush.
Answered By: IluvNewYork - 12/4/2008
Retail sales are down and unemployment is on the rise and gun sales went through the roof,looks like not much confidence to me
Answered By: Skynyrd - 12/4/2008
Maby but right now it doesn't seem like it!!!
Answered By: Assumed to Be Somthing He's - 12/4/2008
The current rates are reflecting a downturn YEAR. Its not about Obama. Its about the current administration. We've lost about a MILLION jobs so far in 2008.
Answered By: fdm215 - 12/4/2008
No, not related... More
Answered By: just plain jim - 12/4/2008
this stuff started way before Obama decided to run. nice try.
Answered By: Robert B - 12/4/2008
American are waiting for the new leader to restore confidence on Jan 20th.
Answered By: Wineberry - 12/4/2008
I don't think this has anything to do with confidence. Retail sales are down because people do not have any money. No jobs, no money, no sales it has nothing to do with Obama.
Answered By: judo702 - 12/4/2008
I like the direction President elect Obama is going in, however, I really don't think that retail & employment states suggest anything to do w/ his abilities. All things economic are pretty messed up, and even Obama has said it will take a couple of years to begin making our way through this mess. I think that the... More
Answered By: Emma - 12/4/2008
I haven't seen anything new or changed by Obama, his entire cabinet are a bunch of retreads from the Clinton administration and he's moving to the right so fast it's really making the left wingers angry. The only good thing he's done is backing off of his tax increases against the rich...theres nothing new about Obama... More
Answered By: spankyermunkey - 12/4/2008
Mr. Theoretical "The O-rator" is about to get a great big REALITY CHECK. Since the day he was elected people have been selling their stocks, hiding their money and not only "clinging to their guns" but buying as many as they can get their hands on. I'd say there is a serious lack of confidence in the guy, The link... More
Answered By: KarK - 12/4/2008
People can not spend what they do not have and the economy is sick, most middle class family for years have been living on credit and those companies are either gone or cannot provide any more. I believe Obama will change the situation, but not overnight. Most people are cautious not because of who is the president... More
Answered By: Cura chick - 12/4/2008
yes, because if they are, with all what obama is putting out there , they would be spending already. not everybody has faith on the guy !
Answered By: Coffee T - 12/4/2008
You got it right.
Answered By: Nikki - 12/4/2008
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