Tuesday, August 16, 2011

Quick Comments

First, everybody in Delhi kept asking FLG whether the US would double dip. Most of FLG's colleagues thought it wouldn't. Whereas, FLG thinks that the US will double dip.

Does he have any data to back this up? No. He just gets this feeling like the economy, which had been held up by fiscal and monetary stimulus, is starting to deflate.

Second, FLG thinks the US debt downgrade has buried Obama's reelection chances. If the Republican challenger keeps hammering that the US lost the golden AAA rating for the first time under Obama, then FLG thinks that's enough, combined with the overall state of the economy, to convince independents that Obama needs to go.

1 comment:

Anonymous said...

If the Reep looks like a crazy nutball, indies will swallow hard and vote for Obama. That's why the press is working hard at making all the possible Reeps look like crazy nutballs. dave.s.

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