"Anyone claiming that the American economy is in decline is peddling fiction."

[MohRokTah]

I've been saying that for quite some time right here and have even had a couple of posts hidden for saying it, but Barack Obama just said it in his final state of the union because it is the TRUTH!

[enid602]

1. China

It's the Chinese economy that's on the skids. Too much govt intervention in the markets, too much centralization. Thank God they don't buy much from us. Not even an Obama could save them. Hope our next gov't doesn't follow a similar path.

[Dawson Leery]

3. Agreed.

If the government gets into too many aspects of the economy, we will look like China in the 2020's.

[Joe Turner]

4. Agreed

Government needs to get out of the way of corporations and cut all those profit restricting regulations so all those corporate yachts can rise with the money tide. We can be the America of the 2010s!

[enid602]

7. Government

No government needs to work tirelessly to grow the economy, and create millions of 21st century jobs so the middle class can get on with growing their net worth again. And with a public debt that's 65% of our GDP, it needs to be very careful not to overspend, or inflation will take away all the gains that the middle class can expect to receive.

[guillaumeb]

2. It is just in decline for the workers.

The top 10% are doing quite well.

When unionized manufacturing is disappearing and Wal Mart is the top employer, the economy is doing badly.

When most Americans have no savings and no pensions, and more and more people are working into their 70s, the economy is doing badly.

When many people are attempting to juggle numerous part time jobs to pay off student loans, the economy is doing badly.

When even the Democrats are pushing for yet another job killing trade bill, the economy is doing badly.

As Warren Buffett said, there is class warfare being waged, and the rich are winning.

[zazen]

5. It all depends on how you define the "economy." His definition is distorted.

He's a well-meaning man, but "economy" means something very different for 80% of Americans than for the wealthy people in his circles.

[enid602]

6. well meaning?

Well meaning????? He's brought us out of an economic decline where we were losing 700,000 jobs a month. His economy has created 14 mm jobs, and I daresay it has more to do with his skill rather than his good intentions.