It’s the Economy, Stupid
The Obama presidency will rise or fall on results.
Karl Rove is the former senior adviser and deputy chief of staff to President George W. Bush.
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Until now, the new president has benefited from public willingness to give him a honeymoon. He decided to use that grace period to push for the largest expansion of government in U.S. history and to reward political allies (see the sweetheart deals Big Labor received in the GM and Chrysler bankruptcies). The difficulty for Mr. Obama will be when the public sees where his decisions lead — higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.
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This pig is going in the WRONG direction.
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