How is Obama, Iran & the Economy Tied Together?

The impending train wreck in the economy, its coming. Whats this another doom and gloom prediction? No. Its a view of what may/will occur in the next few months, maybe next spring or so. Its not the normal stuff you hear on the news or read in the paper, so give me a few minutes of your time, and follow along.

We all know the problems with Iran, we all know the problems with the stagnant economy. Now what would happen if tomorrow the economy started gaining 250,000 new jobs a month? Here is an answer for you, since we have lost close to 7 million jobs since the recession started and using what the Obama administration calls a robust growth rate, the 250,000 number, it would take 56 months to just get back to where we started. How does this work? According to the Department of Labor, the United States needs to create 125,000 new jobs a month just to keep up with growth in the work force. That leaves 125,000 going to cut into people already jobless. So if we use their numbers and Obama’s assumptions you end up at 56 months, over 4 1/2 years just to get back to where we were. This assumes no bumps along the way and the job growth starting today. Neither of which is happening.

Here come the bumps. Iran wants nukes, most everybody concedes that fact, everybody but the Russians and the Chinese and the Iranians that is. The Iranians have already made it clear they will not negotiate over their nuclear program and the Russians and Chinese have made it clear as well, they will not support harsh sanctions, which may or may not work anyway. Lets says that the Iranians test a nuke in a couple months. Oil prices will jump to $200.00 a barrel in a few days trading. Panic will set in over the Persian Gulf. The panic will be lead by the Arab states who do not under any circumstance want Iran with a nuke. Assuming the Israeli’s do not bomb them after learning of the nuclear test. Take another scenario where the Israelis get worried and strike Iran. Oh yea, terrorism will be all over the Middle East, it will make its way to Europe and America soon thereafter.Now that’s bad enough, imagine what happens to the price of oil then, $200.00 – $250.00 a barrel like a shot. What does this mean?

It means gas is $4.50 to $5.50 a gallon in a week or two. Heating oil at $4.50 a gallon. We have seen last summer what happens at $4.00 a gallon, collapse. Now we all can concede that the economy is not what it was a year or so ago. If it ground things to a halt then, it will stop everything now, won’t it? Prices will skyrocket for everything, people are already broke. How many new jobs get created then? None. This tosses out the window the job growth numbers for the foreseeable future, I mean a long while. Now why am I bringing this whole story up? Because I think most people believe that there is a very good chance that these events or worse will unfold. I did not make any assumptions or criticize Obama at all. What I did was too take what is really happening in the big picture.

My worry, no my belief and many many others believe this was well, is that Obama is in over his head on the world stage. Yes he gives great speech’s, yes he apologizes for America everywhere he goes. Liberals can spin the tale any way they choose, how the world loves Obama and its a whole new era of cooperation and so on. But, and its a big but, facts don’t bear any of it out. Since Obama took office North Korea tested multiple missiles including long range missiles. Iran launched a satellite into space. Then North Korea tested another nuke. Then the Iranian elections turn into a bloodbath. Wait, we find a new enrichment site in Iran and they responded so well to Obama’s gestures they tested several new medium and long range missiles, missiles able to reach Europe and Israel. Chavez agrees to supply Iran with refined fuels which is their only real weak point. The Chinese remain silent while Russia gives statements that they oppose strong actions against Iran, this even after Obama pulled the missile shield from two of our most dependable allies.

American voters are known for not following complex issues. This is a complex issue. Iran affecting our economy, how does this work? I just took a little of your time, you need to look into this yourself. Most voters last year never looked at anything like this happening. I can sit here and tell you I did, but so what. Others can say the same thing, but it won’t change things right now. The only thing you can do is try to understand whats happening and get engaged. Make the changes when you can. Listen, I hope I’m wrong but I don’t think I am.