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This is a bit of a Dumbo question but so many political leaders are out of touch with voters, and ordinary people at the sharp end, so here’s my two cents worth:
- President Obama will conduct a very powerful re-election campaign, strong on job and stimulating growth.
- The US economy will start to recover and other countries will be keen to jump on board.
- Voters in the US, France & Germany will vote for growth, not austerity.
- Every major financial institution and serious economist is already screaming against more short-term austerity.
- Politicians who stick to austerity will probably have riots and civil disorder because they are out of step with their voters.
What do you think?
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