Don’t count us out yet. Obama is a one-term President. I’m not just saying this because I’m conservative, but looking at Obama’s record in the past week, I know he will fail. I don’t have to wish for it; I know it will happen. Even formerly good economists, like Paul Volcker, are going to sully their names in history because they’re doing Obama’s bidding.
(Paul Volcker correctly raised interest rates in the early 1980s and brought inflation under control, and is the only reason really to give Jimmy Carter any slack in a historical judgment. Ronald Reagan later reappointed him for a second term. However, this week, Volcker in almost a 180 degree about face, told Congress we need to bail out more banks and provide more inflationary and socialistic stimulus as the answer to avoid a prolonged recession. This is also a stark departure from Paul Volcker of 2007, who was calling Ben Bernanke a one-term chairman for his easy monetary policies.)
“Obama is a one-term President. I’m not just saying this because I’m conservative, but looking at Obama’s record in the past week, I know he will fail. I don’t have to wish for it; I know it will happen”
I heard that back in Clinton’s day. And if Volcker can sell his soul for bad policies, so can the elites as a whole.
You are not taking into account that there will probably be even more pro-leftest voters in ‘12, thanks to: an increase in more politically ignorant voters, an increase in more politically stupid voters, eventually allowing illegal immigrants to vote in all future U.S. elections, eventually allowing most criminals to vote in all future U.S. elections, and leftists successfully finding more ways to cheat in order to get what they want politically during all future U.S. elections. Leftists may even seriously decide to end having any more elections in the future!