President Obama gets early start on prediction #10
It was just 21 days ago that I posted my predictions and President Obama has taken #10 to heart and got the process rolling. I was not expecting the prediction to be confirmed so soon, I was thinking in the April time frame.
Here is prediction #10.
Congress will be put in a position it must make real decisions with immediate consequences regarding spending, borrowing and the realization of trillions of dollars of losses at the Fed and Treasury. It will be their action that creates the double dip in the economy and the slope of the following recovery.
You cannot say that a double dip has started, but more "banking" type announcements from Mr. Obama, will nearly guarantee its arrival.
Here is prediction #10.
Congress will be put in a position it must make real decisions with immediate consequences regarding spending, borrowing and the realization of trillions of dollars of losses at the Fed and Treasury. It will be their action that creates the double dip in the economy and the slope of the following recovery.
You cannot say that a double dip has started, but more "banking" type announcements from Mr. Obama, will nearly guarantee its arrival.

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