Наиболее очевидный аспект нынешних криков про рецессию, конечно, предвыборный. Как только Обама будет избран президентом, экономике сразу полегчает. Прямо на следующее утро. Как в девяносто втором.

By October 1992, when President George Herbert Walker Bush ran for re-election against Bill Clinton, the economy was 18 months into a recovery. But as Investor’s Business Daily noted, 90% of the newspaper stories on the economy were negative. Yet the following month, when Clinton defeated Bush 41, suddenly only 14% of economic news stories were negative!