Prediction: More jobs will appear in the economy about one year before the next election – 2010. Even more jobs will appear in the economy just before the next presidential election – 2012. That is how long it takes to create jobs in the political economy.
However, the political system will not be able to control inflation as well. Therefore, the jobs will be well-paying by today’s standards, but will have the purchasing power of available during the Roman Military Anarchy – constantly approaching zero. People will be confused because they are beginning to work again, but cannot seem to live comfortably. It will be the time of the Next American Revolution – the people will finally control the government, but the government will not be able to control itself. There will be a decline into tyranny and no one will really be able to explain how we got there, except “It was Bush’s fault.”
