most economists admit that 2010 will most likely be a year of slow economic recovery in the United States. During this year, the country will begin to digest the ramifications of the health care reform package, and many employers will position themselves to take advantage of the newly defined “health care landscape”.

There is little doubt that continued high unemployment rates will have a major impact on the 2010 mid-term elections, and may hamper Obama’s ability to accomplish other major campaign initiatives. The truth of the matter is that there is very little the Obama Administration (or any administration) can do to effect the economy in any significant way without changing the American capitalistic system.

The unexpectedly bad “jobs report”  released by the Department of Labor on Friday came as no surprise to the Obama Administration, who has warned all along that the recession would most likely impact the economy for the rest of 2009 and probably most of 2010.  Given the depth of the recession, that actually began in the fourth quarter of 2007, and given the disastrous consequences of the financial meltdown of the financial system, the Obama Administration took the correct actions in getting the $787 billion stimulus package through Congress.  The President made it clear when …