“Nothing would have more impact on the economy and the price of oil than his election as president,” former Atlanta Mayor Andrew Young (no relation to this Andrew Young) said. “There would be a boost of 1,000 points on the stock market the first week after he’s elected. This would be better than a chicken in every pot.”
Thus ushering in a decade of blazing 1.5 percent annual growth!
By the way, note this line from Young:
More importantly, Young strongly believes that the economic future for the United States is inextricably connected to the rest of the world.
“It’s technically impossible to be self-sufficient,” Young said. “In order to maintain our leadership in a global economy we have to work with the rest of the world. With the transfer of technology, we either lead the world or we get trampled by it.”
Obama agrees of course–depending upon which day you ask him.
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