Here's what I think. I think the religious right elected GW. I also think the religious right has been alienated by GW.
I think that the economy has been artificially stimulated by an inflated housing market. I think the inflated housing market has been supported by low interest rates. Interest rates have to go up. It's impossible for them to continue going lower, indefinately.
When interest goes up, people will not be able to afford new homes. When interest goes up, people with variable mortgages are not going to be able to keep their homes. Look at the Great Depression: a failed housing market, first, and then a failed automotive market were two key ingredients.
Who do you think will get the blame? Americans don't care about truth. They want a scapegoat. And the head scapegoat is GW.
O.K. So what happens in 2004? GW has alienated the religious right which elected him in the first place. Joe Q. Citizen blames GW because Joe Q. can't make his adjustable mortgage payments.
This is all happening as we speak. We're in a house of cards.
Any data to support those claims?
artificially stimulated
Please explain the "artificial" part of that. As opposed to what? The "artificial" destimulation we experienced when the Fed raised interest rates to combat nonexistent inflation?
Americans don't care about truth
Of course they (WE) do. That is why you and I and all the other FReepers are here.