Reply #2: he should and will be careful [View All]

[onenote]

There is a world of difference between now and January 2005. Then, unemployment was dropping and had reached its lowest level since 9/11. Now, its increasing like crazy and is higher than its been in at least 15 years. The stock market was fluctuating at around 10,500 then and appeared to be in striking distance of the then historic high. Now its struggling to get back to 9000 after dropping over 6000 points from its peak.

Obama has repeatedly,and accurately, characterized the current situation as the most dire financial crisis since the great depression. Of course he's going to have a more subdued inauguration than chimpy did, or other recent presidents.