Some may have missed the good news that came out regarding the good the the Obama administration has accomplished during its seven months in office.  Remember when the economy was on the brink of desaster in January?  Well we are seeing a few changes as a result of policies implemented by this administration.

• There has been a significant jump in home sales by 7.2 percent.  This is the largest monthly increase in ten years.  Analysts opine that the President’s tax breaks for first time home buyers contributed significantly.
• A slowing of job loss as indicated this month from 9.5 percent to 9.4 percent
• Federal Chairman Ben Bernanke’s forcast that the economy is on the verge of recovery
• The rise in the stock market by 150 points at close of business last Friday
• The success of the cash-for-clunkers program resulting in the sale of more cars during the short period that the program was in place than some dealers have seen in the last ten years of being in business.  More than 450,000 energy efficient cars were sold in the past few weeks.

President Obama will announce today that he will reappoint Federal Chairman Ben Bernanke to the Federal Reserve.