RECOVERY

The November elections draw ever closer.

The economic news grows ever grimmer.

It is our hope here at The Study that no false glimmers of improvement intrude themselves upon the scene until after the fall elections.

We say this not to condemn anyone to continued economic hardship, but rather to hope that no false credit is given to the failed economic policies of the b.o. Administration.

The American electorate is, in the short term, a fickle one. In this it is by no means unique.

We do not want it to be tempted to make a mistake in this all-important matter.

b.o. is bad news for our economy, for our nation, indeed, for all aspects of our national identity.

It is important for national democrats to suffer defeat this fall and for credit for any national recoveries of any sort not to be assigned to a wrong-headed regime.