August 27. 2009

The Wall Street Journal published a video, going over some of the talking points of the economic crisis, such as the role former President Bush played in creating it and the part President Obama currently holds.

The Journal expressed something I've asserted as well. The fact President Obama inherited an economy in severe decline, does not mean history will exempt him for blame, if he fails to curb its descent, by reining in spending.

As I've stated before, increased spending poses a threat to Obama's legacy, if his plans do not pan out. Reformation in the form of cost cuts, wherever they can be made, is critical to national recovery.