> I'll take this editorial in Newsweek just
> "Housing starts in September surged to their
> fastest pace in four years, up 15 percent over
> August, far exceeding the experts’ predictions.
You know what will help us climb out of an economic crisis caused by, among other things, a housing bubble? A president who is Hell-bent on inflating another housing bubble. Good deal.
> We all know about the 7.8 percent unemployment
> rate, the lowest in four years.
That number is inaccurate, to say the least. And it's also nothing to be proud of.
> Fracking raising hopes that the U.S. will be a
> leading provider of natural gas and oil.
Not until the US government stops making it nearly impossible to export said natural gas. As it stands that is a domestic resource who market has been pummeled by oversupply and underdemand.
> Consumer confidence is at a five-year high.
Know when consumer confidence was high? 10 minutes before $h!t fell apart. Consumers are the last to know anything. Their confidence is easily bought with platitudes and any half-decent government report.
> With the economy just starting to pick up steam
> after years in the doldrums, things might be all
> teed up for the winner of the election to preside
> over a rebounding and robust economy.
That's pretty wishful thinking. Whomever wins will have to deal with a pile of issues that aren't going anywhere and a stagnant economy that can no longer fully service its growing debt. Once the Fed loses the ability to manipulate interest levels and inflation the US government (read: we the taxpayers) will have skyrocketing debt that will not be paid off simply by soaking the rich. We will be the EU, but with more self-awareness.
> will get the credit and reap the benefit.
Or get buried by the crushing weight of bloated government.
> And if it’s Romney? Well, that’ll be one lucky
> man. He’ll brag, of course, that it was all about
> his policies. The party that made the mess will
> spend the next few years or decades—and they’re
> pretty good at this sort of thing—hammering home
> the argument that they sorted it all out as soon
> as Obama got out of the way."
The party that made the mess? Please. Either you're a disingenuous jerk or you really have no grasp of the last two decades and how everyone within government (and plenty in the private sector) conspired to get rich and simply ignore the notion that risk could exist.
> Don't let that happen. Keep moving forward with