TakeAStepBack
Gold Member
- Mar 29, 2011
- 13,935
- 1,742
- 245
- Thread starter
- #21
Obama reelected: no budget, unending trillion deficits, rich people flee the USA for Fiji, Sweden and Panama, dollar loses its place as world currency, gas $10/gallon, prime 9-10% Liberals blame Reagan and Bush
Romney elected: Spending Freeze, budgets in place to lower spending under 20% GDP first term and under 15% second term, Obamacare repealed replaced with Whole Foods Recommendations, SocSecurity privatized, Budget Impoundment Act repealed, gold falls to $600, prime 5%
I agree on the Obama side, the Romney side we would not know and he flops too much to be trusted to actually do it. Romney would need a cooperative congress to get the spending under control. I don't see that happening with these frothing LOLberals who think money grows on the magic tree in the white house lawn. It's certainly a nice vision though.
I'm more inclined to believe spending will continue until the market actors who buy our monetized debt dry up and the fed just starts prinitng to cover interest costs and spending. Hyperinflating the currency. Because spending cuts are unfavorable and so it's political suicide. I wish I could believe it is more like you believe.