Unemployment: 10% (real unemployment closer to 17%)
Economy: Growing anemically, not enough to create new jobs. Real estate will continue tanking, the consumer’s on the sidelines.
Leadership: Nonexistent, the country’s basically ungovernable.
Solutions: Nothing serious on offer, we must cut the deficit and stop inflation or face eternal damnation from minor gods named Pete Peterson and Ben Bernanke. Health care reform would help a lot, but is stuck. Cutting defense would help a lot, but is untouchable politically. Inflation’s not a serious threat, but deflation remains a possibility. Public works spending would help, but Pete won’t be pleased; gutting social programs is his agenda. The Fed could do more QE, but that conflicts with cultivating a bogus reputation.
Gorilla: “Who’s President again?”
