Are you not frustrated with current trend!!

I see politicians behaving like traders, they bet long on economy - a pure guess with no strong actions. Market is one direction - down, even the best traders are betting short on economy.  I don't see firms other than pound-land or one-dollar shops making profit.

US is waiting, waiting since October for new president; economy is in a free-fall and you wait for new leader - wrong strategy & total disaster. At the least they should have formed transition team to save economy and avoid this wait. Uk is an extreme case, prime-minister was playing bingo with economy. Can you believe his statements, it will make "bushism" look nursery rhymes. "UK economy fundamentals are strong, we are best positioned to handle this crisis and we will be the least to feel crunch". Right, I don't see the fundamentals now, UK is the most affected in developed countries and yes we are not feeling crunch because after the death there is no pain. Prime-minister is busy with his usual visit to health centers and education schools. The point he missed is so many students are switching the quality education to public schools because of the crisis, he should try to fix the problem. 

The unemployment of white/blue collar people is very high, yet these governments are spending all the money on infrastructure projects, i.e is manual labour people are needed for these projects. Not only these are wrong project to address the issue but there will be shortage of skilled people for these new projects. They will get new batch of immigrants to complete these projects thus making unemployment even higher, unless blue/white collar people decides to switch to dirty collar. Not only bad governance but there is no plans to address real issues for economy. What happened to buying the acid assets, helping banks and regenerate the financial sector with regulatory control etc.. I feel very frustrated with governments ignorance to actual issues - they should have taken the acid assets and converted into some government quarters with some cash flow penalties to the banks. Instead they got this fund pot to save failing companies, the pot has holes in every direction and by the time Bush leaves the office the pot will be empty. God save Obama!