Thursday, April 8, 2010

a range of consequences


. If the Democrats win, we lay out a range of consequences that, while prescient, are truly horrific. They take the current damage Obama has done to our economy to new levels of mayhem including:

Permanently high levels of unemployment

Inflation deliberately caused by a government that sees de facto currency devaluation as the only way to pay down the deficit

Erosion of the supply of doctors so more and more medical care comes from physicians’ assistants and nurse practioners

The replacement of the dollar by SDRs (Special Drawing Rights) issued by the IMF as international currency

The total collapse of our domestic manufacturing base

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