Mystic Journey 2.0

The following quote is from John Mason’s article, “Economic Outlook: Bracing for a Rocky Road?“

“There is a lot a new administration is going to have to do when it gets in office to get the economy and the financial system working smoothly again. Yes, economic growth is going to have to be renewed, but there is also the underlying inflation that will still be worrisome. Yes, the regulatory system needs to be revisited. Yes, something needs to be done about the dollar. Yes, foreign money is buying up American assets at a record pace. Yes, we need a real energy policy. Yes, the auto industry is in the tank. Yes, homeowners are losing their homes. Yes, these are just a part of the agenda that will be facing a new administration come January 20, 2009.

This agenda is why I don’t believe any new President is going to have much room to introduce new items that are on their social or economic agenda. I think the campaign message should be, I would like to do this and or that, but, because of the current mess that I will inherit, there will be very little I can do in the next two to three years. I know you would like to hear something different, but, in all honesty, that is all I can promise you at the present time.”

If this is true, then regardless of which political agenda you vote for in November, the party platform is probably going to be on the back burner for a few years. Perhaps the choice voters need to make at this point is to elect the candidates who can be most effective at healing our economy.

Tags: campaign, economy, election