Wednesday, November 03, 2004

consequences of the victory

Well, that sucked, and it still sucks, but it happened. God is in control. Amen.

The silver lining to a Bush victory for those like me who believe that Bush's policies are disastrous and that they will do terrible damage to our country is that Bush will be around to reap the storm. I have always believed that his economic and foreign policies are very short-sighted and will have medium to long-term negative impact. So here are the predictions I have for the next four years:

-continued increases in spending that match the anomolously high spending growth from his first term.

-leading to a stable or growing budget deficit

-leading to an unsustainable national debt.

-leading to uncertainty in foreign investment in bonds

-also continued ignoring of our overconsumption of gasoline

-leading to continued to excess consumption

-accelerating the timeline for reaching Hubbert's peak

-smaller fraction of people with health-care

-smaller fraction of children covered by health care


I will get to more tomorrow, including science policy, my own personal pet peeve.

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