More tales from the OODA Loop
In addition to the usual fare of know-it-all-ism here at Fouroboros Worldwide, today seems to be Political Macro Economics Day too. This comes from The Big Picture...
This is the chart that can swing the election. It's the key White House vulnerability: The economic structure of both the job market and indeed, the entire economy has changed. There are fundamental reasons why jobs are not coming back post-recession. These involve structural changes, like outsourcing and increased productivity -- as well as more mundane factors. I have yet to hear anything from this administration recognizing these structural changes.
As this chart shows, a seismic shift has occured in a basic aspect of the economy. THAT is the vulnerability of any incumbent -- when something very different is occuring, and the White House fails to notice it.

Great post. It's well sourced and well explained. "What Will Determine the Outcome of the 2004 Election:" Here.

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