The Public will not be happy with...Obama if he does not solve these unsolvable problems...
And that is Obama's Big Dilemma...Nothing can be done!
On every level..and at the most basic levels of the currency and the trade deficits...the wheels are coming off...and there is not one expert that knows what to do about it...
Krugman is still worshipping at the altar of old style Keynesian Economics...and he is our latest Nobel in Economics...! But Keynesian Economics does not work when the whole system is blown out...
Keynesian stimulus is great for small tweeks to get over cyclical weakness...but not for a totally trashed system.
Not for a total collapse of the core US industrial base... Now, alas...in China...!
And this US Mess is creeping into Euroland now... They bought a lot of worthless paper from Wall Street during the Bubble Daze that is now going bad...
So, I can hardly wait until Obama is out of office...and Fox Republicans are running Congress with the help of Rush, Newt, Rudy, Beck and Hannity.... Bring on Palin Now!
THEN we will enter our New Golden Age...!!
