He’s working hard but taking his time

President-elect Obama is familiarizing himself with his new job but he is clear that there can only be one president at a time. He won’t make a decision until after his inauguration in January. While he waits he is setting his priorities and selecting his cabinet members so that he can be ready to lead American on day one.

Political analysts and the media are busy speculating about who will be part of the Obama administration. The GOP is busy reorganizing the Republican Party and revising the party platform. Wall Street is on a bumpy ride while American automakers are trying to remain in business. Other large companies, like Citigroup, are also trying to stay alive by laying off thousands of workers. Economists are now saying that America entered a recession in April and the recession will last into the second quarter of 2009. While the economy will get worse before it gets better, economists and financial analysts are hopeful. Gas prices have fallen to around two dollars and home heating prices should remain flat this winter. This bodes well for the new president.