The worst curve - for returning jobs - ever is Obama's
The past two days alarm bells have sounded on the economy. More bad times coming. Housing prices will go down for another year. Inflation will get worse. Energy prices will go up. Stocks should go down. Unemployment will go up. Bad news.
The really bad news is that it will take 2 years, two whole years, from today for things to start getting better. And, that happens if, and only if, a new President and Congress hit the ground in January with major policy changes. Only if POTUS and Congress take the big steps to produce capital in January 2013 will the economy respond, create capital and create jobs in June 2013.
POTUS and Congress must have Tea Party focus and passion on cutting spending, cutting taxes and reforming entitlements in a big way in January 2013.
Lets pray a Pawlenty, Bachmann, or Cain can get the Republican nomination to lead the new Tea Party, Constitutional, Republicans and always pliable Establishment, career politician, Republicans to make it happen in January 2013.
Until then, it will be a rough go for many millions of Americans. Time for families, churches and communities to step up. It will be a long two years.