Part of the Problem

Obama's done a great job, thus far, of telling Americans that he will save us from the disastrous economy he "inherited". However, it is becoming clear to even his most starry-eyed supporters (well, maybe not THEM), that his policies have become a big part of the problem with what is occurring in our financial markets. And yet today he tells us not to look at the stock market as it is simply like a poll, and doesn't really reflect policy effects. Really? When my retirement savings dwindle with every passing day to levels I haven't seen since I was a young professional, am I supposed to chalk this up to some anomaly? That things will somehow work out, despite his barrage of decisions which punish the very people and institutions which keep the market ticking along?

This today from the WSJ...

" As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem. Rest of story...