Great Expectations?

August 8, 2011 08:34 by KRM
All those polished political pundits pontificating about compromise and the necessity of getting something done have hopefully been shown to be the fools that they are. How could the market react in any other way? They didn’t accomplish anything – our elected leaders (if indeed you can call what they did leading), just increased our debt load AND did not substantially decrease deficit spending. Sure they made some minor cuts over the next two decades, but we’re still spending more than we’re taking in and will have to go through this silly manufactured crisis again just after the next presidential election. [More]
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Great Expectations?

August 8, 2011 08:34 by KRM
All those polished political pundits pontificating about compromise and the necessity of getting something done have hopefully been shown to be the fools that they are. How could the market react in any other way? They didn’t accomplish anything – our elected leaders (if indeed you can call what they did leading), just increased our debt load AND did not substantially decrease deficit spending. Sure they made some minor cuts over the next two decades, but we’re still spending more than we’re taking in and will have to go through this silly manufactured crisis again just after the next presidential election. [More]
Share |