Posted by
Staged Provocations on Friday, February 22, 2008 9:42:25 PM
Quoted from AARP publication, Economist Paul Volcker: "The federal government is piling up debt, which is inflationary. [The United states is] also spending 7 percent more on goods and services than what we are producing. Americans are living beyond their means, and they're going to get caught up in a crunch." Who can best lead in this coming crunch?
Listening to Obama, I find him most qualified with respect to understanding what is coming and the need for all the people to participate in surviving the crunch. Clinton is looking for Bill and Hillary back in the White House. McCain is looking to carry on with the Bush policies.