Saturday, December 18, 2010
U.S. recession and regime change.
<P> U.S. recession and the relationship between the classes in regime change can test, in the 20th century, the presidential election four years of recession during the first half there was, 1920,1932,1960 and 1980, every incumbent president's party are .lost the election, Clinton won the 1992 general election by the emphasis on economic, when the economic recession and even reach the level. .</ P> <P>: http://finance. On the upcoming January 20 next year, the Bush regime to hand over the last year of the challenge is how oil prices and the subprime crisis hundred dollars under the dual pressure .to save the U.S. economy into recession, and in an election year, the continuation of his own party in power. .</ P> <P> generally believed that the economic downturn (recession) refers to the negative economic growth for six consecutive months since December last year, U.S. statistics show that the minimum amount of sales in five years, many economists began to pull alarm .Even Bush himself admitted that faces "economic challenges", "can not continue to grow for granted." .</ P> <P> the White House to consider the current stimulus package is nothing but just took office once used in the comprehensive tax cuts, prepared at the end of the Congress when the official presentation of the State of the Union, with Fed Chairman Ben Bernanke .that's the end of interest rate cuts, hoping to restore economic decline, but economists criticize, much immediate help to the fire, there is not effective, we must wait until the end of this year or early next year, only see that. .</ P> <P> Bush is worried about the real danger does not lie in the economy six months late or early resumption of six months, but the presidential election just six months is critical, the current polls show that voters concerned about the bad economy in the battle over Iraq .Love, the Democratic candidates are stepping up arrangements to factories, shops rally speeches, voters want to hear about jobs, mortgages, oil prices. .</ P> <P> Bush certainly do not want the economy go bad, turn into ammunition to attack the Democratic Party, but the remaining year of his term of office, trust the staff have to find their own way out, the opposition Congress and control of the hands of the president to lame .has been difficult to do, Bush did not mention new methods of governance capacity of the President in the previous well-known among the poor is difficult to let the people have confidence in him. .</ P> <P> As for his successor, the current party appears before the General Assembly in September, should have the Republican candidate, but accused the ruling party as a nominee, even if he did not participate in the policy shall not be liable, .But the proposed economic recovery plan, and no one to trust, to bear the burden of power is his original sin. .</ P> <P> to save the economy in difficulty, not only in the present method is also slow, the U.S. economy has been firmly tied together with the world economy, the prosperity of the past ten years, is supported by the United States in the global financial .bonds, Wall Street, now the event of a recession, the economy will fall deeper and meet again at the end. .</ P> <P> while on the other hand, other countries affected by the occasion of the U.S. recession is bound to adjust the degree of interdependence with the United States trade or even sell U.S. Treasury bonds, U.S. dollar exchange rate revaluation, China is at the moment .hedging options, perhaps in the high technology and capital, can not replace the United States, but as the export market and investment targets, but it is promising, after this recession, the United States and other countries in the world would be a structural economic and trade relations .change indirectly pushed forward China's dominant position. .</ P> <P> the last year of Bush's historical legacy to leave behind, with his final effort, is a relationship, the diplomatic front, old problems: Iran, Iraq, North Korea, a short time can not be resolved, and .new problems, such as Pakistan, are still changing, and did not know there will be more severe. .He is currently the most effort is the Israeli-Palestinian problem, the first Bush's recent visit to the hope that before leaving office, led the two sides signed the agreement. .</ P> <P> but the real serious economic problems, to be honest, even if you as the President, the Department can focus on are limited, the business cycle has its own laws, and regime change in the law reinforce each other, if the economy .The worst time to do run into a political choice, the result of regime change can only come. .</ P>.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment