Thursday, September 10, 2009

DO NOT Throw Dems/Obama A Life Line

Just perused a Goldman Sachs research report in which they review "blue chip" economic forecasts for unemployment - consensus seems to be that unemployment will remain at or above 10% through the end of 2010 (unemployment is actually worse than that). Gee, that's what I've been saying. The resulting strategy for the GOP and the healthcare and energy related industries - stick to your guns, make no deals with the Dems, agree to nothing, wait things out until mid-term elections, let the non-stimulus backfire. Additionally, a foreign policy crisis will crop up and add to this administration's woes. Let events overtake them.

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