I’ll be VERY brief. In my opinion it is nearly impossible to be overly pessimistic regarding our economy - long or short term. I no longer think it possible to bring spending under control or to institute a reworked tax policy that inspires sustained private sector economic/job growth as long as compromise with Democrats/Progressives is required. Even if, by some work of magic, Republicans were to gain full control of Congress as well as the White House, their past level of legislative timidity and lack of commitment to conservative economic principles would not bode well for producing legislation leading to the kind of structural (ie: flat tax?) changes necessary. Don’t misunderstand - I will continue to vote for the most fiscally conservative candidate available, but . . .
I would love to be more optimistic. I am hoping someone will point out where I’m going wrong.