The 2012 U.S. election will likely be about jobs and the economy. Bin Laden and Libya may still carry some currency for Obama at that point, but if the economy is still struggling along, that's what will trip him. Focusing on who his rivals in the GOP will be may mask this reality.
Obama gambled with stale economic ideas and he's come to admit jobs haven't recovered while growth remains ok but not much more. All that money thrown at piece of shit dead beat companies that should have sank. What a shame. It would have been better to sprinkle all that money on profitable small-to medium sized businesses and let them drive growth and employment.
But North American politicians are not friends to small businesses. That's a fact. Just observe their actions. Few of them help us.
Alas, you can't control so many small businesses. Am I right?
Obama has run out of ideas and isn't presenting anything substantial. If he has ideas, he's not getting it out.
The United States need a real shot in the arm. And that's why Pawlenty's plan is sure to raise eyebrows but aiming for 5% growth (to the extent GDP is an acceptable measure of wealth) isn't that crazy. Besides, we've become too complacent in North America, why not set the standards high for once?
Increasing revenues is king. Focusing on cutting spending is a defensive strategy. Cash is king.
If there's one society and economy that can achieve it, it's the United States.
I for one am pulling for them because when they're healthy, Canada is healthier. It's just a plain fact and reality. I know much is made about our dollar being stronger, but that's a temporary thing. It has nothing to do with our economy being stronger. It isn't. It's resource driven. And coupled with America's struggles, we're benefitting. I don't expect this to become the new pink or norm.
Hey, I could be wrong but I doubt it.
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