By Herman Cain Posted: January 04, 2010 ~ 1:00 am Eastern © 2010 In my commentary last week I described how 2010 could be better than 2009. I will now be so bold as to describe what that better 2010 would look like. I know that there's a great risk in making predictions, but I decided that my crystal ball is just as good as the next writer, and plenty of writers will be giving their predictions for 2010. Besides, no one will be exactly right or totally wrong. So I'm in the game. The economy will not improve in 2010. It may stabilize a bit more than in 2009, but the Obama administration has not implemented one program that will stimulate businesses to add jobs or grow their businesses. Thus, the unemployment rate will remain high at 9 percent or higher, and GDP growth will remain flat at best. In fact, it is clear that the so-called $787 billion stimulus bill was just a disguised expansion of government on top of back-to-back record fiscal year deficits for 2009 and 2010, respectively. This will cause businesses to remain in a state of "stop" as they plan for 2011. They will stop hiring and stop making plans to grow. Republicans will regain control of the House, and the Senate will be spit 50 to 50. READ FULL STORY >
Monday, January 04, 2010
2010: It could all go 'right' ~ By Herman Cain
Commentary from WorldNetDaily
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