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The Coming Romney Boom

Tadpole Wrote: Oct 13, 2012 10:16 PM
Take a good look at just about any economic chart spanning 2007 to the present - what do you see? The sharp decline generally begins in November 2008 - I wonder what happened in Nov 2008.... oh yeah - we elected Barack Obama to the presidency. Prediction - the economics of the US will change sharply beginning in Nov 2012- much much worse if Obama is elected and much much better if Romney is. Praying for the latter.
If Mitt Romney is elected and secures Republican control of both houses of Congress, the U.S. could be poised for a vertiginous economic snapback.

To understand how, consider that the Democratic explanation for our current malaise is utterly fallacious. Mr. Obama and his allies identify the "Bush tax cuts," "two wars that weren't paid for," and "deregulation" as the causes of America's present economic doldrums. But federal outlays as a percentage of GDP under George W. Bush averaged 19.6 percent. Under Obama, spending has ballooned to 24.1 percent of GDP. Much of Bush's spending was temporary (the two wars, one of...

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