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The current economic situation is a speeding mack truck.. there are different ways of applying the brakes but no matter what technique is used there is a certain amount of unavoidable inertia... The effects from both macro and micro economic reform take years to be fully realised.
It's quite annoying most people are too stupid to realise this. Political cycles and economic cycles rarely match up unless they are long enough because of the lag involved in economic policy reaching main street.
Whoever gets in is going to have a shit couple of years. If it's a one term president, whoever gets in afterwards will get the credit from the public as things pull out of recession during their term. It's a shame, but it's true. Things are going to get worse for a while and after a certain point people are going to stop remembering how we got there and start complaining about their situation and the people in charge at the time.
At least people should remember the stockmarket crash happened before the election, if Obama gets in he'll probably have about a year or so's grace.
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