Continued from page 1

Inside America, inflation is rising, after tax incomes are falling, job security is a distant memory in the private sector, while government spending and borrowing spiral far outside effective control.

There is one way to mitigate the coming damage: Mr. Obama and his team have an exit door — they should use it.

Charles Ortel serves as managing director of Newport Value Partners (NewportValue.com), which provides economic research to executives and to investment firms.