Fed Policies to Lower Rates Further Could Hurt Stocks - Barrons.com
Just think 1937 and Art Laffer's view of why.
Then ask, is Obama following any different policies?
With government in the way, the US is squandering opportunities - but, of course there are two viewpoints, as in Greece. In one case, the workers are so important, that they will sacrifice the economy, perhaps slowly, as median income figures show in the US in recent days.
The alternative of rewarding saving and investment means the transfer payments have to be cut way back and many policies (sacred cows that they may be such as the drug war and hate of immigrants) may have to be changed.
Clearly Obama is continuing to really ramp up the pro-union, anti-business policies and oblivious to what he is really doing.
Some may applaud his actions; others will take notice and act according to their own viewpoints.
So far, it would appear as though Obama policies aren't helping the overall economy and those needing jobs. But, as with any religion, there are those who 'want-to-believe' and they will believe - hoping for a different outcome, this time!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment