JohnAl

Turning Japanese: The Audacity of Reality (Part 3 of 3)

Another excellent article Mr. Quinn.

Regarding the politicians wanting to "help". It seems the Dems think the solution is to spend, and charge it. The GOP solution is to cut taxes, and charge it.

Being a taxpayer I slightly prefer the latter to the former, but better still is a third solution. Cut taxes AND spending.

Imagine what a BIG tax cut would do for everybody's psychology, IF spending were cut an equal amount so people knew that the tax cut was REAL and not simply based on a scheme to put off paying for it.

S&P 500 Back above 50-Day Moving Average

This particular silver lining is a bit weak since the 50 day MA is still a downward trend line.