There is one thing that can be said about the Obama Stimulus Plan: it is a change.  There is little argument that President Obama has brought about change to this country, but has it really helped?  One of the biggest issues that was to be figured out during this presidency was the overall economy.  George Bush left President Obama with an economy that was in shambles.  Home prices were falling off the face of the earth and unemployment was already beginning to rise.

To combat this, President Obama came up with a stimulus plan that was expected to bring more jobs which, in turn, would help put a bottom in home prices.  Unfortunately, we have yet to see that happen.  The Case-Shiller data continues to show that home prices are declining year over year.  The even more disheartening statistic is the fact that most major housing markets are down month over month as well.

The biggest issue that President Obama has to solve is the unemployment rate.  If Americans do not have jobs, how are they going to make their mortgage payments.  If mortgage payments aren’t getting made, home owners are going to lose their homes.  No matter how few homes are built in a year, the supply is going to increase if the amount of foreclosures and bank owned properties increases.

This is troubling news to an economy that is already struggling.  Foreclosures continue to increase, the unemployment has shown no signs of slowing down and home prices continue to drop.  No one is certain what will happen next, but it does not look good for the United States economy.  To compound matters, Federal Reserve Bank Chairman Ben Bernanke is trying to spend his way out of this recession.  His policy from the beginning has been that we need to print more money and spend our way out of a troubling economic time.

To many, this spells doom because there is likely going to be a case of inflation in the future.  If the government continues to buy up its own debt with paper money, the value of the dollar is sure to decrease.  When the value of the dollar decreases, we are likely to see commodities sky rocket in price, which in turn will be hyperinflation.

Hopefully President Obama and his staff realize this and do everything it takes to combat inflation.  It is a catch 22 situation though as we need to solve this financial crisis first, but we have to do it without creating a second financial crisis.  The one thing we have to continue to do is support our President.  Even if he is making the wrong decisions, we have to stand behind the man we elected and hope that he figures things out sooner rather than later!