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To: AngelesCrestHighway; Gilbo_3; stephenjohnbanker; sickoflibs
The rooster crowing makes the sun come up? Any gains in the economy (and it's not clear at all that we are out of the ditch) are in spite of Obama. The economy tends to heal itself after a while. Correlation is not causation.


18 posted on 03/13/2012 5:16:19 PM PDT by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: ding_dong_daddy_from_dumas

Obama has future massive regulation and tax increases, and spending, that won’t kick in until he wins a second term. When they all hit, we are pretty much ruined.


19 posted on 03/13/2012 6:24:57 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: ding_dong_daddy_from_dumas; AngelesCrestHighway; Gilbo_3; stephenjohnbanker; Impy
RE :”The rooster crowing makes the sun come up? Any gains in the economy (and it's not clear at all that we are out of the ditch) are in spite of Obama. The economy tends to heal itself after a while. Correlation is not causation.

Nothing is getting better.

Recall the debt limit increase in two 1.3T$ increments. Sure, you borrow 3 T $ so you can spend a many more trillions while at the same time cutting taxes with near zero interest rates and get a temporary boost from all that stimulus. But some day that will have to stop as the money will run out (that is coming sooner with this recovery) . Plus gas and food and other prices are going up WITH the positive growth (yes they are related) and the Federal Reserve is powerless to control prices without killing the economy.

I am still convinced as I have been for 3 years that there is no happy ending. Our one hope was a Obama Green Energy bubble to lure investment here like the internet bubble and housing bubble did, HA_HA, but stupid investors are harder to find now. I think they cant get credit anymore.

20 posted on 03/13/2012 6:57:06 PM PDT by sickoflibs (Obama : "I will just make insurance companies give you health care for 'free, What Mandates??' ")
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