What can Obama do?

My European friends often ask me if we're already sensing progress from the Obama administration in terms of economic recovery. I always tell them that it's much too early to tell. Since he came into office, our new president has had to make one rash decision after the other. I don't think there is much he can actually control. The only thing he must do however, is avoid making colossal mistakes. Another element he'll need a lot is good luck and that magic ingredient is neither predictable nor quantifiable when and if it happens. It's pretty much like what happens while driving through mud and snow; it's a matter of staying relax and not holding too tight to the wheel. Maneuvering from the sea of red ink we're now in, into a more manageable fiscal policy will be tricky and frankly I don't see who is better equipped to achieve this high-wire act than him. There are few visible “eagles” in his team and count on them making more mistake as we move along...