Former President Bill Clinton has recently praised President Obama’s early performance in the White House as excellent, but suggests that Obama cease and desist from alarmist rhetoric.
I think that it is true that constant reference to the reality of the economic situation has had some effect on causing the further downturn on the stock market. In other words, speaking in a negative manner can have a counterproductive effect.Â
At the same time, there is also no point in hiding the reality of the economic mess we are in, as it is essential that the nation fully understand the need for a major involvement by the national government in dealing with the situation, as doing nothing, as some suggest, is certainly not a solution.
My advice would be as follows: President Obama, tone down somewhat your message of gloom and doom. President Clinton: In the future, consult with the President in private and avoid your apparent dire need for constant public media attention. Your advice is welcomed, but in private, not public. Thank you! 🙂