SocraticGadfly: Welcome to the White House, next president

July 02, 2008

Welcome to the White House, next president

Whoever gets elected will face an economic slowdown likely to last through all of 2009. And, even that may be generous.

Assuming either Obama or McCain refuses to deal with Peak Oil and is mealy-mouthed on global warming issues, and refuses to replace Ben Bernanke as Federal Reserve chairman, the economy will struggle past 2009.

Read the whole story for specifics of economic analysts concerns.

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