Tuesday, October 30, 2012

'Crunchtime"

In seven days we will elect a new President and the country will either embark on a new path or continue on its present path which is a downward spiral toward becoming a European style Social Democracy. If Barack Obama is re-elected in my opinion we will not recognize this country in four years and the new "norms" will be:
- Over 7% unemployment on a permanent basis with a significant segment of the employed in low paying jobs.
- Upwards of 50% of the country on some sort of government support (welfare, subsidized housing, food stamps, etc.)
- An increase in taxes across-the-board to pay for government programs and to service the country's enormous debt.
- 2% or less annual economic growth. 
- For those buying their own medical insurance, premiums will skyrocket and those receiving insurance from their company will either see it cancelled or their company contribution toward insurance increased dramatically.
- $4:00 + gasoline on a permanent basis.
- The stock market will crash again and the USA could default on their loan payments.
- The Mid-East will go up in flames.
-  The European Union will start to break up with the possibility of Greece, Spain, Portugal, and Italy going bankrupt or defaulting on their bond payments.

OK...this is a "doomsday" scenario, but it's my Blog so I get to give my opinion. One thing is for sure, Barack Obama has been a failure as President and as a world leader.

A friend of mine predicts Obama will get 340+ electoral votes in a landslide election. It's true that the incumbent has a distinct advantage, especially with a crooked Chicago political machine behind him. I suspect at this point 99% of voters have made up their mind, so the election has probably been determined and we will see the result next Tuesday.

But I must travel in a "Republican bubble". If I think about the top 100 people in my life - family, friends, neighbors, and acquaintances that I have regular contact with, I can count the people I know will vote for Obama on one hand...and I live in liberal California.

I'm not going to let my optimistic nature set me up for a big disappointment next Tuesday, but I think my friend is dead wrong. This country cannot be that stupid. If Mitt Romney wins and Republicans end up with at least 50 seats in the Senate it will be celebration time, and repeal of Obamacare will be the first order of business.

If Obama wins, I will accept the people's choice and as the French say: "Take life as it falls at your feet".