Obama kept us out of depression

Are we better off than we were four years ago? Yes, we most certainly are.

It is easy to forget that four years ago, the most respected U.S. economists and financial leaders were in a public panic, telling us that

our economy was going to slide into depression. An economy in surplus in 2000 was in unprecedented deficit by 2008 with financial markets frozen.

Our parents missed few occasions to tell us how bad the depression was. In 2008, people my age, who never knew depression, recalled what we had been told, and were chilled at the thought that we and our children might suffer what the greatest generation had suffered. Our economy was in great peril four years ago.

We have problems now, but not on a scale remotely comparable to what existed in 2008. We are no longer in panic mode. Like all Democrat presidents before him, President Obama is into a job growth agenda that is producing results. He will stick with that agenda and will lead the economy to four years of accelerated job growth if he is re-elected. Throughout my lifetime, from Roosevelt to Obama, Democrat administrations have always given us the high job creation years. Republicans have had other priorities. Don’t believe this? Do a little research.

Mitt Romney would be no different. Like all Republicans, his priority would be profits, not jobs. For the majority of Americans, that would be bad news.

Alfred Y. Kirkland Jr.

Elgin