Republican Primary

  • Thread starter Thread starter CMatt25
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Which is why Obama needs a HUGE October surprise.

Last time out, they engineered the Wall Street Meltdown, which was terribly costly to the economy.

What will happen this time?

You’ve got Iran. Either a nuke / EMP or a conventional attack on the United States, not to mention the Straits of Hormuz and potentially other scenarios. You can make up your own threat assessment.

You’ve got the Muslim Brotherhood which has been given the keys to Egypt, Libya, Tunisia, Algeria and Morocco and other places as well.

What you can do is to go down the line-up of trouble spots that have been made worse.

Make up your own list of potential crises. Domestic or international.

The cutbacks in the military currently being experienced. Army, Navy, Air Force. The Air Force is parking a large number of C-5 transports. These are national assets. Cannot be replaced.
 
Now if only that electoral map translates into Congressmen and Senators we might be in business.
  • Marty Lund
 
Maybe a much larger economic crisis, requiring Executive Orders or martial law:

zerohedge.com/article/cbos-revised-budget-sees-2011-deficit-rising-500-billion-15-trillion-4-trillion-deficit-thro

excerpt:

… the CBO expects that future deficits will have no choice but to go down: "The deficits in CBO’s baseline projections drop markedly over the next few years as a share of output and average 3.1 percent of GDP from 2014 to 2021.

Those projections, however, are based on the assumption that tax and spending policies unfold as specified in current law.

Consequently, they understate the budget deficits that would occur if many policies currently in place were continued, rather than allowed to expire as scheduled under current law."

So between 2010’s $1.3 trillion, 2011 $1.5 trillion, and 2012’s revised $1.1 trillion,** we have $3.9 trillion just in deficit costs to plug.**

blogs.wsj.com/economics/2012/01/31/economic-projections-and-key-numbers-from-cbo-budget-report/?mod=google_news_blog

excerpt:

Here are the key points in the report:
  1. Growth will slow to just 1.1% in 2013 because of tax increases, spending cuts, and other factors. CBO projects 2012 GDP to increase just 2%.
  2. Unemployment rate will stay above 7% until 2015. It will increase to 8.9% at end of this year and hit 9.2% at the end of 2013.
  3. Deficit will be $1.1 trillion in 2012, the fourth consecutive year above $1 trillion.
  4. The deficit is projected to shrink next year, but how much it shrinks depends on tax and spending choices.
  5. Revenues are projected to pick up markedly in future years. Total revenues to jump from $2.3 trillion in 2011 to $3.7 trillion in 2015. That’s the equivalent of going from 15.4% of GDP to 20.2% of GDP.
  6. The Social Security Disability Insurance trust fund will be exhausted in 2016. The Medicare hospital insurance trust fund will be exhausted in 2022.
  7. If spending cuts and tax increases are allowed to go into effect as required under current law, the deficit will contract sharply to $585 billion in 2013 and $345 billion in 2014.
  8. Under current law, the debt will grow $3.1 trillion over next 10 years. If spending cuts and tax increases are reversed, however, the debt would grow $11 trillion. That includes an additional $1.2 trillion in interest on the debt.
 
Last time out, they engineered the Wall Street Meltdown, which was terribly costly to the economy.
The melt-down began before Obama won the Democratic nomination.

The melt-down was purely Wall-Street and greed.

Jim
 
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