Worldwide Stagflation

Worldwide stagflation will diminish the signs of a US weak-dollar recovery.

The unexpected rise in business investment has nothing to do with the economic stimulus package or anticipation of another package in 2009 as mainstream, bought-and-paid-for economists are professing.

The stimulus package was largely a profit subsidy for big integrated oil and gas conglomerates. They don't want to admit it, of course, but the stimulus mainstream economists are anticipating is likely to be in the form of a more progressive tax code. The result will be a distribution phase of the political-economic business cycle in which the consumer will lead the US economy, and the global economy, out of recession.

The lack of disposable income, and savings, for middle class Americans is over-surplused capital as the result of a highly regressive tax burden and an over-consolidation of industries and markets. The over-consolidation was allowed by both the Clinton and Bush administrations. Sixteen years of allowing an organized means of economics that is inimical to a free society is a cost we are living today with record foreclosures and a consolidation of wealth of Depression-era proportions.

When former president Clinton referred to the perils of the last eight years, we must be sure to recognize that his allowing for consolidation of industries and markets was a monumental misfeasance that neo-conservatives fully exploited into the malfeasance we are living with today--worldwide stagflation and a massive deprivation for the vast majority of Americans.

Obama has both the moral intelligence and technical understanding required to reverse the stagflationary trend with BOTH a more progressive tax code AND a deconsolidation of industry and markets. Big business is ramping up to capitalize on what is anticipated to be an unprecedented period of economic growth and prosperity. Deconsolidation of that capital will determine the sustainability of the trend.

Electing McCain will worsen the stagflationary trend. Obama would quickly reverse the trend and as long as his policies do not allow for continued consolidation of industry and markets, the trend is sustainable.

A vote for McCain will diminish the prospect for growing your business.

A vote for Obama maximizes the prospect for a peaceful prosperity and sustainable growth.

Obama 2008!