The guy is a CFA (Certified Financial Analyst) so he knows his stuff. No one with any intellligence has any confidence in Obama.
I doubt many businesses will be hiring as long as he is President. Obama, Rahm, Pelosi and Reid do not care about the economy. they want power and control. they are shooting for a Dem majority for decades like FDR and by then the country will be a third world hellhole.
If you had a Reagan like conservative you could probably turn it around mainly with domestic energy sources. We have 4 times the Saudis oil reserves onshore in the lower 48 states. This would create loads of jobs plus wealth creation. We had at least 4 mega periods where wealth was created due to energy and mainly oil.
1. PA around the turn of the century.
2. TX onshore.
3. CA 1930s to 1950s or so.
4. AK Early 1970s
5. TX & LA offshore.
4 & 5 happened about the same time.
Domestic energy production could reboot and recpitalize our economy. The problem is due to open borders we are becoming a third world country. Americans cannot afford to have children and start families because we are being taxed to death supporting illegals.
Wow, someone who sees.