Worst case scenario:
- Immediate imposition of 40% estate/death tax impacting baby boomers ability to pass on their savings to their children.
- Savings rate plummets and dependance on Social Security increases, bankrupting the system by 2012.
- Increases in corporate taxes drive business overseas. Continued disconnect as business does not want the graduates American colleges produce. H1-B visas increase.
- Stimulus package sends checks to NON-tax payers, including illegal residents.
- 10,000 troops are moved from Iraq to Afganistan. Iraq is abandoned in 16 months and enters Civil war.
- Iran challenges US by "proxy" with Hezbolla and other front groups attacking US interests globally. Obama offers to talk.
- "Means testing" implemented for all retirement benefits. People who saved for their retirement are disenfranchised from their Social Security and Medicare benefits.
- Healthcare quickly evolves into a "single payer" system (i.e. Canada). Deficit grows even faster than under Bush.
- Investment flees the US. China calls her notes. Deliberate inflation to reduce the "real cost"...inadvertently devalues savings and inflates home prices.
- US government funds ACORN, Planned Parenthood, other key social service organizations
- Unions have the right to intimidate at polls by doing away with "secret ballot".
- US borders remain "open". Additional 10M immigrants enter the country and are enrolled in Social Security.
- Congress passes huge social spending bills, increases taxes to pay for them. President signs them all.
- Hillary Clinton, Bill Clinton are appointed first husband and wife team to the Supreme Court.