Economy will crash when they realize they won't get anything for financing Obama?

Discussion in 'Economics' started by crgarcia, Dec 1, 2008.

  1. This is NOT a political thread. Please don't get into disputes, nor move to the Politics and Religion forum.

    But, when many people that financed Obama campaign with tens of thousands (or hundreds) of dollars, many of them heavily indebted people; when they finally realize they won't get the highly paid jobs, or hefty contracts, they expect, economy will crash?

    Some of this people even quit their daytime jobs -during a recession- just after Obama got elected. :eek:
  2. What do you mean by "will crash"? NBER officially called the US recession this morning, starting from December 2007.