A huge question that is weighing heavy for Barack Obama and his administration is whether the President should ask Congress to come back from its summer August vacation. In doing so the President would be asking Congress to deal with the current economy of debt and jobs. However, if Obama does call back Congress will the White House look like it is in panic mode? Will they look like idiots reacting too quickly just like John McCain did in 2008 when the Lehman crash happened and he left the campaign trail to go back to Congress? I think Obama will do what he has in the past and wait to see what happens.
That's unfortunate for this Administration, Barack Obama needs to have his White House look like they are in charge of this economy and are leading the charge on fixing the debt crisis. World markets that are reacting to not only the debt crisis in Europe need the strong will of the White House to show that there is strength in the political situation in Washington.
However, the Obama White House is known as an Administration that is more reactive than proactive. It has its own timetable and doesn't necessarily listen to those around them. This might prove to be the right way to navigate through this tough time; however, choosing caution over showing strength by calling Congress back might be a bad political gamble. Many are going to look at this as a time when the market dropped 600 points in one day and the White House appeared to not have an answer.