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It seems every week the Obama administration announces some new tax or mandate that will further handicap businesses. Regardless of the official definitions of recession, the economy will remain sluggish for years to come. But if the [[Federal Reserve]] continues with its reckless policies, Americans will experience high inflation on top of high unemployment. As in the late 1970s, Americans will see that the pundits are wrong, because stagflation is very real.<ref>http://washingtontimes.com/news/2010/feb/19/setting-the-stage-for-stagflation/</ref>}}
 
It seems every week the Obama administration announces some new tax or mandate that will further handicap businesses. Regardless of the official definitions of recession, the economy will remain sluggish for years to come. But if the [[Federal Reserve]] continues with its reckless policies, Americans will experience high inflation on top of high unemployment. As in the late 1970s, Americans will see that the pundits are wrong, because stagflation is very real.<ref>http://washingtontimes.com/news/2010/feb/19/setting-the-stage-for-stagflation/</ref>}}
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== Declining popularity ==
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=== Declining popularity ===
 
:''Main article : [[Barack Obama approval ratings]]''
 
:''Main article : [[Barack Obama approval ratings]]''
 
After Obama's first year in office his public approval ratings stood lower the [[George W. Bush]]'s did at the same point in the Bush presidency.<ref>[http://www.google.com/hostednews/afp/article/ALeqM5jOXgdP1BoxXRqTf4yf3BSFn2sa1Q Obama popularity lower than Bush's at six-month mark: poll]</ref>  The growing perception of Obama's progressive [[socialist]] agenda was marked after the "Gates flap."<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/07/30/AR2009073004097.html</ref> Polls shortly after revealed Obama's personal popularity and approval ratings declined significantly across the board, on every major subject and among all demographic groups.<ref>http://people-press.org/report/532/obamas-ratings-slide</ref>  
 
After Obama's first year in office his public approval ratings stood lower the [[George W. Bush]]'s did at the same point in the Bush presidency.<ref>[http://www.google.com/hostednews/afp/article/ALeqM5jOXgdP1BoxXRqTf4yf3BSFn2sa1Q Obama popularity lower than Bush's at six-month mark: poll]</ref>  The growing perception of Obama's progressive [[socialist]] agenda was marked after the "Gates flap."<ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/07/30/AR2009073004097.html</ref> Polls shortly after revealed Obama's personal popularity and approval ratings declined significantly across the board, on every major subject and among all demographic groups.<ref>http://people-press.org/report/532/obamas-ratings-slide</ref>  
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