Obama’s Post-Bubble Economic Growth Model

Obama’s Post-Bubble Economic Growth Model

http://news.yahoo.com/s/ap/20090314/ap_on_go_pr_wh/obama_economy;_ylt=Am0zrLJ6UR9lr1eHVp7HN62yBhIF

The crisis is not as bad as we think. Well, at least that is the message the Obama government is trying to convey. Obama has said that his administration is working to create a "post-bubble" model for a concrete economic growth once the recession ends. This means that the days of overheated housing markets and maxed-out credit cards are over.

The President and his team are trying to rebuild the lost confidence by making positive comments and even suggesting that it was a good time for those with a long-term perspective to buy stocks.

Obama also reminds us that we all have to do our bit to overcome the crisis. Such encouraging comments from the nation’s head definitely act as a moral booster for all of us.