Overheard from Stuart Varney I think...suppose the GOP does take both houses in Nov. Then they save the Bush tax cuts. And the economy rallies so that by 2012, obozo has something good to run on and he’s re-elected....wouldn’t that stink??
I can personally guarantee the economy will NOT rally by 2012. There is way too much debt overhand and Obama is adding to it. I don’t see the economy rallying at all, ever. I see only 2 outcomes on the horizon.
The most likely outcome is a long, grinding deflationary depression.
The dark horse outcome is a brief deflationary depression snapped back to something approaching a hyperinflation by government printing presses.