The storm clouds that have been amassing on the horizon are beginning to move overhead. The second most worrisome consideration for the President is that things may well get worse before they get better, particularly when it comes to unemployment. Such a development would not, by itself, be debilitating. After all, Ronald Reagan had to endure a very bad year in 1982 as he and Paul Volcker wrung stagflation out of the economy.
Wednesday, July 8, 2009
Hope and change!
Read here about hope and change at Commentary Magazine:
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