Since the election, I've heard nothing of substance from President Obama. This is similar to last time when President Elect Obama said nothing during the great financial crisis of 2008. Except this time, he's already President. He doesn't have to wait until January to start working.
I'd like to see some leadership from the President with his concrete ideas on how to solve the problems of the upcoming fiscal cliff and sequestration, which has been looming for over a year now. While he was campaigning, President Obama noted he would bend over backwards to work together to address the issues. However, this leadership has been absent since November 6.
Unfortunately, Mr. Obama wasted his chance to show leadership in his Friday speech yesterday. All I heard were the same sound bytes about the rich needng to pay more taxes instead of discussing real workable solutions to problem.
Hopefully, I will be proven wrong about President Obama's leadership, but I'm not holding my breath. :-)
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
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