[ClearCase_guy]

In terms of economics and foreign affairs, things may go very badly over the next 4 years.

I expect that the media will blame the governor of Alaska for most of the trouble.

[Edit35]

In terms of economics and foreign affairs, things may go very badly over the next 4 years.

As long as the price of a gallon of fuel stays below $2.00 a gallon, the US economy will recover and do OK.

It was no coincidence that when oil/barrel spiked to $150 the economy suddenly tanked.

$140-$150 was THE price which caused business leaders, bankers, fianciers to realize that the economy would stop growing.... and thus real estate collapsed.

Bush (the Fed) had little to do with it (some yes, but not much).

And Obama will have nothing to do with the recovery.

We are an energy-based economy. It affects EVERYTHING.. from the cost of a pencil to the manufacture of a Baggie... to the delivery price of milk.

That said, the only thing that COULD keep the economy tanked is if Iran and Israel and the world get into a hot shooting war... and the oil flow suddenly stops cold.