RLP the election was won of irrational negative emotions.
Obama really believes he made no policy mistakes. Higher marginal tax rates will not even dent the level of spending of around 24% of GDP he is demanding. Our economy has never been able to sustain amounts above 20% and Obama has no magic wand. Our economy will adjust by taking less risk and producing less growth as it always has until the take settles back around 20%.
The sad truth is the stimulus and deficit spending is simply gone without a trace. Nor do I believe we will be able to continue borrowing $1 a trillion a year for all the next four years. The Fed has successfully manipulated our credit markets but that is not confused with controlling them by educated investors.
Can you provide me one ray of economic hope in the Obama agenda? One thing which will lead to the growth we all desperately need?
Now it is time to face the reality of your 'win'. The keys here at LINE are undefined fracturing regulations fashioned by true believing earth pagans and ngl pricing. Also a very high probability of the 'cliff compromise'; assuming it happens, not triggering a recession.
Something will have to change to solve the Schiller PE equation. It is irrational to assume it will be economic growth as the other aspects of the equation are far more likely.
Look I wish Obama would implement Romenys energy policy like poor deluded Juan Williams seems to believes. BUt it is more reasonable to expect very punishing fracturing regulations which are designed to slow our domestic energy industry. Maybe but given the record this is what we should expect.
I was very sad to see coal counties in Penn go for Obama. Some one was clearly successful in completely misleading our fellow Americans there.
Just because the OLB will not crack an econ 101 economic book does not mean it is not true.
Flat earth progressives hate 'fancy' stuff but that does not mean it is not true - no matter how you vote on it.
this is truely a depressed person, the republicans need to reel this sucker in. His posts will get worse and worse since Mitt lost. One flew over the cookooo's nest literaly. When it comes to political nuts like this one. They can have a melt down that lasts and lasts. He has alreay mentioned 4 years from now.