Most current politicians are poll-driven creatures. They poll and focus group the people to death.
Here are the things that hs policies will do:
-You can't borrow as much as he will need to without raising interest rates, which hurts the economy.
-The massive amount of spending will trigger runaway inflation once the economy starts to recover.
-His overhaul of the tax code (still in the planning phases) and his intervention in corporate management will create such business uncertainty that nobody will invest in anything until they see the lay of the land.
-His bank program is designed to help banks, but not to catalyze consumer lending. And his proposal for securitization of consumer loans won't work and is just what got us into this situation.
The economy is in a bad way. If all of the previous points start to happen, then his poll numbers will come down.
The man needs to be taught a lesson. He needs to know that there is only a small part of the country that wants what he is sellin.
What he is selling is snake oil. I thought that snake oil was outlawed at the end of the old-west days
If he keeps on this tract, he will be a one-term president, and he and the congress will be out of there starting with the house in 2010.
Here are the things that hs policies will do:
-You can't borrow as much as he will need to without raising interest rates, which hurts the economy.
-The massive amount of spending will trigger runaway inflation once the economy starts to recover.
-His overhaul of the tax code (still in the planning phases) and his intervention in corporate management will create such business uncertainty that nobody will invest in anything until they see the lay of the land.
-His bank program is designed to help banks, but not to catalyze consumer lending. And his proposal for securitization of consumer loans won't work and is just what got us into this situation.
The economy is in a bad way. If all of the previous points start to happen, then his poll numbers will come down.
The man needs to be taught a lesson. He needs to know that there is only a small part of the country that wants what he is sellin.
What he is selling is snake oil. I thought that snake oil was outlawed at the end of the old-west days
If he keeps on this tract, he will be a one-term president, and he and the congress will be out of there starting with the house in 2010.
Posts
No comments:
Post a Comment