I had the economist at MSU send this to the group that went to his presentation about the economy getting better, even though things seem pretty bad. I have to agree from looking at trends, that things have a cycle to them. What is funny to me is the angry comments after the article. It is almost like people WANT it to be shitty! Hell, I want it to get better, but I'll always have a plan to prepare for the worst, and take joy in the good.
So, here is the article about why the economists think the bad is slowing down, and then we will start getting better. My own prediction is things will bottom out this summer, and then the economy will slowly get better. But that has little to do with past or current government, but the natural ebbs and flow of the way the economy shifts.
http://www.marketwatch.com/news/story/evidence-mounts-recessions-worst-past/story.aspx?guid=%7B71467556%2D3683%2D4018%2D906C%2D7FFC8A3F9E8C%7D&dist=msr_2