WRONG TRACK: Dow Logs Second Loss in a Row - WSJ.com: "- Sent using Google Toolbar"
Is the market telling us something unmentioned in the headlines?
In other words, are larger companies that can outsource and internationalize many of their operations in a period of merger/consolidation - while the smaller companies are having to deal with an investor hating, business unfriendly economy?
Obama et al may appear to be sustaining a middle class lifestyle as envisioned by unions like the UAW, but are they at the same time destroying such a lifestyle?
Pick you data. But, the unemployment numbers and lack of growth would seem to suggest there is either "no" track or the US is on the "wrong" track. And, wasn't this the same discussion back in 1980 when Carter and the next Dem. candidate for president were defeated by Reagan, who argued the economy could growth and wealth be created?
Friday, August 20, 2010
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