$1.7 Trillion Poorer
$1.7 Trillion Poorer
Out of context: Reply #23
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- key0
I think that Obama's success has hinged on his position as being anti-failure (thanks cap) because most of us have a very sick feeling about the current state of affairs.
There have been 2 major financial bubbles (tech and housing) that are working to undermine the financial security of the middle class who are also under large debt loads, in the last two periods of rapid economic growth salaries did not rise in parity, Bush is... yeah I'm at a loss.
On top of that is the entire re-emergence of the east issue and growing feeling of stagnation in the western world. These sorts of things historically lead to anti-trust legislation etc.
- Not that this is Obama's only strength by the way, but he has managed to represent change which feels a lot like a solution.key
- Petroleum might be a 3rd bubble...TheBlueOne