When President Obama came into office, there were all sorts of doomsayers talking about how his liberal policies would exacerbate economic weakness, freak out investors, and tank the market. For the first few months things were dicey, but since then much has turned around. Although the current recession has not been called a depression, some are already comparing President Obama’s stimulus success to that of Franklin Roosevelt during the great depression. Much like President Roosevelt, President Obama has taken the necessary measures to turn the economy around. So far it appears to be working. Annual reports show the Dow Jones industrial average has been on the rise over the last year under President Obama. Does this mean a full economic recovery is around the corner?
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