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To: catbertz

Hmm. Enjoy a buoyed economy, while Zero gets the credit? I think they will still screw the pooch with torrential spending that will overwhelm any oil boom over the long term.
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The pubbies are not going to allow anything like “torrential spending”. They control the House so they control the purse strings. Its likely too —as of now — that the fall elections will crush the dems in both houses of congress. That means that Obamacare comes closer to being defunded.

If Obamacare is defunded, then the economy really takes off.

Its also possible that the oil deal with the Iranians will result in the Iranians pushing 2 million barrels a day on to the international market and driving the price of oil down to $70@ barrel. Which curtail much of US oil production growth.

There are a lot of possibilities here.


51 posted on 01/15/2014 11:46:40 PM PST by ckilmer
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To: ckilmer

All very interesting. I’m definitely hoping for a solid win in both houses of congress. Pack them both with Tea party members committed to fiscal restraint, even if that lends O the illusion of success. As for the current gop leadership, feh!


52 posted on 01/15/2014 11:59:50 PM PST by catbertz
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To: ckilmer

The pubbies are not going to allow anything like “torrential spending”. They control the House so they control the purse strings.

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The House just approved a $1.1 trillion spending bill. How can that not be considered torrential spending? In effect, it was the un-sequester bill.


59 posted on 01/16/2014 6:38:02 AM PST by Starboard
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