Friday, March 4, 2011

Obama Legacy: Stagflation


OBAMA'S LEGACY: STAGFLATION

By DICK MORRIS


Obama's failure to support America's allies in the Middle East and his dithering endorsement of chaos in the region will send oil and gasoline prices skyrocketing, triggering a massive bout of stagflation. This vicious cycle of rising prices, decreased consumption, and ever higher prices (as vendors seek to recover higher fixed costs) will cripple the American economy for years to come.

This is Obama's true legacy.
We Never Saw HIM Coming...

Contact my email - georgebi@windstream.net - See my blog - http:www.gradycountyenquirer.blogspot.com/

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