Obama’s economy is doomed to fail, since he is anti-business and pro big government and stimulus. The problem is this: the economy can only truly grow if new wealth is being generated.
What Obama and his liberal friends have done is apply massive stimulus – which simply moves around existing money, with a built in loss of efficiency due to the government being involved. The other thing they’ve done is “quantitative easing”, a fancy term for printing more money. This, of course, does not create wealth; it simply dilutes the value of the dollars we already have, by putting more in circulation.
The actual value of the economy does not change using either of these techniques. So the economy grows slowly, since real growth is being suppressed by Obama’s anti-business / anti-energy policies.
They are idiots for not seeing this. It’s clear as day, to me.