User 265729

Bush and Obama Work to Restore Confidence

Some good ideas, but as this thing goes down, we won't have the time necessary to implement some of these good ideas to effect.

When Obama says 2.5 million jobs may be lost next year, I have seen models that 10 million or more could be put out of work with the cascade starting in January.

The economic downfall will be exponential and will really pick up speed starting early next year.

I speculate, and it is only speculation, is that the political leadership knows that we are going down. Much of the spending may be an effort is to delay the fall until a transfer of power takes place.