The Coming Economic Growth Collapse [View all]

[Owlet]

"We are about to see an abrupt slowdown in economic growth this year and next. It will be a policy-induced slowdown, not some mysterious event caused by aliens. We have delayed obvious policy actions for so long now that a slowdown is virtually inevitable. There is absolutely no room — or inclination, so far as I can see — for a compromise between the two parties that might conceivably change this outcome. We have pushed more and more major decisions into the post-election lame duck congressional session, making a policy “accident” (and there are no good accidents) more and more likely. This slowdown, which will begin in the second half of 2012 and extend through 2013, could happen rapidly enough to influence the 2012 presidential election. And it certainly won’t help President Obama."

Lots more at link.

http://www.newdeal20.org/2012/03/01/the-coming-economic-growth-collapse-73253/