Yes, the economic forecasts are not very positive. The president is grasping at straws to try to improve an obviously bleak picture of the remainder of his term. He will leave behind a terrible mess. However, don't let all of this take your focus off your goals and intentions.
It is possible to thrive, in spite of all of the bad news. The key is to remain focused on your goals/intention. Whatever you are working for, wherever you are going, stay focused on the endpoint. Place you energy and attention of your desired end result. Most importantly, pass each decision through the filter of your goal/intention.
With each decision, ask yourself, "Will this take me closer to my goal or away from my goal?" The answer to that question will give you the information you need to make decisions that are in alignment with where you want to go. Don't make your decisions strictly based on what others say will or will not happen with the economy or others circumstances. Appearances can often be misleading.
If you remain focused on where you want to go, you'll be amazed at how the universe will begin to deliver exactly what you need to get there.