Wednesday, April 28, 2010

The deciding factor?

If you want to know how soon and how bad the eventual economic collapse will be, I think it may come down to what kind of candidate the GOP fields against Obama in 2012. Another John "Reach-Across-the-Aisle" McCain or George "Prescription-Drug-Benefit" Bush - whether he wins or loses - won't change anything. We would continue down the current path and end up with either a bankrupt government that defaults on the debt, or hyper-inflation from monetization of the debt.

However, if Republicans can find a courageous voice like this one,



then we might have a fighting chance of slashing the Federal budget and paying down the debt sooner and with less pain. This assumes of course that the collapse doesn't happen before 2012, and I don't think we'll be lucky enough to get the candidate and beat the clock.

1 comment:

Cathy said...

Imagine a leader with the chutzpa and grace to stand up and say how much contempt she has for the views of her socialist colleague.

And she does it with such class and style.

Not long-winded - a mere gesture with her hands that shows the incontrovertible truth about the left.

It's not about prosperity.

It's about 'fairness'.

Where is our Iron Lady?