Obama: Recovery Still A Ways Off

I think that might be an understatement from President Obama. Recovery seems to be almost out of sight from where I'm looking. Though job losses have slowed, they are still in unacceptable territory. And the Dow is stagnant. Real growth is still far away. What is truly lagging, though, is stimulus spending. ProPublica reports stimulus spending is almost impossible to track. Recovery.gov, the site responsible for publicly tracking the money and the results, is out of date and worthless thus far.

WaPo graphs stimulus spending to be very slow also.

It's fair to state the American people have given the president breathing room when it comes to the economy. Slowly and surely this economy will become Obama's. The question is how long will that take. My estimation is about another 6 months and we'll see drastic swings in polling showing people are giving ownership to the Obama administration.

I think economic recovery will be a large factor in next year's mid-term elections and there's no doubt election results will be determined by economic results. Infrastructure projects are some of the most important and some of the most visible. These should be a priority for stimulus spending. Secondly, I really want my dang broadband initiative to take hold. There's no reason internet access can't be a utility just like running water and sewer.