New White House budget projections indicate a 9 percent unemployment rate next year as President Barack Obama tries to win a second term.I THINK THE LEFT WILL BLAME OBAMA'S INCOMPETENCE AND THAT A LEFTIST LIKE HOWARD DEAN OR BERNIE SAUNDERS OR DENNIS KUCINICH WILL MOUNT A PRIMARY CHALLENGE TO DEFEND THEIR LEFTIST POLICIES.
The figures from the White House budget office predict that the economy will grow by just 1.7 percent this year, a full percentage point less than the administration predicted at the beginning of 2011. The economy grew by just 0.7 percent in the first half of the year, the slowest pace since the ended two years ago.
The White House report also sees the budget deficit topping $1.3 trillion. That would be slightly higher than last year
IOW: IT'LL BE A LAST GASP ATTEMPT FOR THE LEFT TO SAY THAT OBAMA WAS BAD BECAUSE HE WASN'T LEFTIST ENOUGH OR EFFECTIVE ENOUGH.
THEY'RE IN DEEP DENIAL.
YES: OBAMA IS INCOMPETENT AND CORRUPT, BUT THE REAL REASON THE NATION IS DOING WORSE THAN EVER IS THE LEFTISM.
IT'S THE LEFTISM, STUPID!
HERE'S ONE LIKELY SCENARIO:
SAUNDERS DECLARES IN NOVEMBER. THEN AS UNEMPLOYMENT GOES UP BETWEEN DECEMBER AND JANUARY, DEAN DECLARES - FOLLOWED BY KUCINICH.
AFTER OBAMA TAKES A SERIOUS HIT FROM DEAN IN THE NEW HAMPSHIRE PRIMARY, HILLARY WILL DECLARE AND OBAMA WILL WITHDRAW.
THE DEMS RALLY AROUND A HILLARY CLINTON AND BILL RICHARDSON TICKET.