Swing of the pendulum.
They've got two years at most before the other side watches the game films and comes back strong, at halftime in the next game.
Meanwhile, Obama's economic adviser is former Federal Reserve chairman Paul Volcker, so don't expect a major change in the Fed's philosophy, although maybe if they get a little less carried away with propping up the "investor class" while weakening the dollar, we may just avoid the deep recession of the 70s and end up with a bonus, like in the 90s. But without a fresh supply of oil, like the North Sea oil boom of the Nineties, we're still pretty screwed. We don't make anything here anymore. Every corporate entity with the rights of a citizen - but whose only moral (indeed, legally mandated) obligation is to maximize profits for a few, at the expense of the many - has been forced by current policy to manufacture elsewhere for the domestic market. It's a giant circle-jerk of diminishing returns. When the oil runs out, we will be well and truly fucked, unless and until Americans wake the fuck up and realize that policing the world (that is, pulling down the selfsame dictators we prop up and supply) and bickering over "moral" issues is going to leave us a bunch of "faithful" slaves in orange jumpsuits, watched over by the men in black, building temples of greed to the gods of the fictional corporate "person", while our masters live in fabulous wealth in man-made cities in exotic locales, laughing at our naivete and simple-mindedness. Follow the money.
