Obama took an illegal and unethical step in pursuit of his fake economic bailout plan: he launched consultations with senators before the inauguration. The President-elect plans to inject trillions of dollars into the US economy, condemning it to run a deficit for at least two generations.
Obama’s plan runs alongside the discredited Roosevelt’s policies of massive government spending. Last time they were tried, America entered a decades-long recession. But he has across-the-board support: leftists want more spending and regulation while the corporate world is hungry for cheap government funding.
Obama touts his plan as saving “up to 4.1 million” jobs. The .1 was added to create a sense of scientific approach. Of course, no one can ever say whether the “4.1 million” jobs were saved by the Obama plan or simply stayed the downturn. And there is a much simpler way to “save or create” that number of jobs for Americans: expel the eight to twenty million illegal immigrants who take those and many other jobs.
What are Obadiah’s predictions for the US market? Any prediction for the stock market and large cap stocks and equity funds?