According to MSNBC, 51% of Americans are pessimistic about the current state of the economy and the path we are on for 2009, whereas 49% are optimistic that things will get better. Even after President Obama's uplifting speech about his stimulus and budget plan, most Americans still see 2009 as a year of economic stress. Obama announced his $4 trillion, yes trillion, budget plan, and tried to assure the American public that even though it will take time, tax cuts and universal healthcare efforts will exonerate most Americans of their final troubles.
Personally, I believe that the economy will get worse before it gets better, but in due time, the stock market will be on the rise, foreclosures will slow down, and credit will be reimbursed. It is only natural that an economic recession will turn into financial progression.
What do you guys think? What do you think lies ahead economically for 2009?
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