That was then ... this is now ...
It's a dam shame that if Barack wins, he'll be inheriting one of the bleakest economic situations that America has ever faced. Yes, the "housing bubble" has been looming since 2005 but take a look at Barack's letter to the Fed from March of this year.
Give McCain some credit for being part of a similar letter a few months later.
Good presidents don't need to be prescient, they just need judgment and an ability to inspire others in times of crisis ... anyway, here's hoping that whoever wins this election can inspire Americans to adopt a lifestyle where they don't live outside their means. Otherwise, we're all screwed six more ways to Sunday than our baby-boomer parents already are.
2 comments:
If living 'outside their means' means 17 drinks on a visa card 4 nights a week, then I'm afraid we were fucked to begin with, friend
Because, of course, there's no viable alternative to spending hundreds of dollars a week at bars
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