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Friday, September 14, 2012

How The Financial Collapse Would Happen In An Obama Second Term

The stakes in the coming election could not be higher. While crystal ball-gazing always is hazardous, the trail America's economy would follow, should President Obama's re-election effort succeed, has already been blazed. Naturally, the media will tell you none of this.

The upcoming election, despite the best efforts of the Obama campaign, the mainstream media, and various polling firms, is going to revolve around two questions: are you better off than you were four ago, and what is the future going to be if Barack Obama is re-elected? The Obama team is attempting to finesse the first question by obfuscating the second. They claim that their policies have begun to work, and, given a second term, life would redeem the promises Obama made in 2008.

A discussion centered on what the future will bring can be confusing and arcane. The Democrats rely on an emotional argument tied into the cult of personality surrounding Barack Obama, essentially stating that because their motives are pure and they have historically been for the "little" guy, they should be trusted when they say that their plans will be best in the long run. The Republicans and conservatives, on the other hand, too often rely on cold, hard facts and figures, which oftentimes succeed only in making them appear impersonal and pedantic, spouting numbers which cause the eye of the average voter to glaze over with confusion.

Further playing into the hands of the Obama cabal is the sense among far too many Americans that the worst could never happen here. This nation has experienced unprecedented prosperity for over 66 years, with only a few minor hiccups along the way. It is extraordinarily difficult to accept that today, America is living on the residue of its past economic achievements and facing a bleak future if the nation remains on its present course.

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6 comments:

Anonymous said...

The new Wall Street stimulus package scares the heck out of me.Businesses used to either make it or not make it.Competition was and still is the best method in my opinion.

lmclain said...

Here's a theory...the youth of today have known nothing but prosperity and largess. They have (for the large part) never been hungry, cold, or desperate. Their parents have showered them with cars, gifts, money and a good life. They just can't believe (or be convinced!) that there is ANYTHING but an endless gravy train. Facts? LOL. What does a high unemployment rate mean to them? What is GNP? What is debt ratio to them but a measurement of some kind? They like the "feel good, everything is cool" platform of obama. They will RIOT in 15-20 years (if our country is still here) when taxes, retirement, benefits, and interest rates start hitting them and their standard of living is equal to that of a stray dog....

Anonymous said...

2:11
The taxes woun't go much higher. What will happen is that teh promisses of Social Security, Medicare, Medicade, ect ect will be broken. Look at Greece

Anonymous said...

As much as I hate to say it, get use to it. It's going to happen. He will be re-elected. They will make sure of that.

We are doomed!!

Godspeed to all!

Anonymous said...

is that hope and change working for everyone yet? get ready people because the ride is going to be rough.

Anonymous said...

Both "candidates" work for the same bosses. No matter who wins, we lose.