Erick got one thing very very wrong however. The economy is not fixing itself - it will certainly tank under these high gas prices coming. I am stunned he fell for that.
Otherwise, he’s correct about Mitt.
I agree. Durable goods orders were down 4% last month. That's bad. I see the folks on CNBC talking about the Recession as if it's in the past, but I think that's very wrong. Soaring gas prices, European Union hanging on by a thread, our own out of control debt, virtually no domestic manufacturing - we've not seen anything yet.
I suspect the nondurable goods orders aren't faring so well either. My wife is a clearance rack shopper. She went out in January to buy next year's winter clothes for the grandkids. She's been doing this for years - she knows the system. She reports that it was slim pickins out there - worst selection she's ever seen. I fear the economy's heading into the toilet.
I agree.
Otherwise, hes correct about Mitt.
I agree that Mitt is weak, but Obama is so vulnerable with his horrible record that anybody can beat him.