President Obama has no real world expertise or experience. So it is no wonder that he is turning a cyclical downturn into a once in a century financial disaster. Welcome to perpetual trillion dollar deficits. The fallout will be severe, and will probably hit much sooner than either Obama or the CBO believe.
Incompetence such as Obama displays has been mercifully rare at the highest levels of government. Unfortunately, Obama is joined by Pelosi and Reid at the pinnacles of power. A perfect storm of incompetence. What are the odds?