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Open Letter to the Next President, Part 3| Mauldin Economics

Open Letter to the Next President, Part 3| Mauldin Economics

Today we continue my series of open letters to the presidential candidates. In the meantime, we’ve drawn a little closer to knowing whom the two major parties will nominate. A few people are vowing to consider minor parties, too.

In any case, whoever replaces Barack Obama will face a world of challenges. The good news is that most (not all) of the challenges are manageable – given the willingness to make very difficult choices. Remember, in this letter we are focusing on the economic realities that the new president will face, and those realities will force stark choices in other arenas such as healthcare, defense, and geopolitics. The economic picture is unequivocal – more so than in any era since Roosevelt…

Source: Open Letter to the Next President, Part 3 | Thoughts from the Frontline Investment Newsletter | Mauldin Economics