Investors are also worried about what Washington will do about looming tax increases and government spending cuts
Originally Posted by CJ7
I think they are not "worried" any more. I think they now KNOW what "Washington" will do about looming tax increases and government spending".....!!!
Tax payers get it from both ends .. plus "looming" inflation*.....
*suppliers and retailers have to raise prices to pay for the "looming tax increases and government spending" ....... you remember? The "rich people"?
That's why "we" (over here) balanced our budget, paid off our debt, and established a surplus of liquidity to bridge any gap in revenues in the event that things get much worse than anticipated ... with a reserve to pay off any mortgages ... **
... called an economic plan for the future!
"They" apparently don't study that much on the Harvard Law Review or in Constitutional Law classes ... or its not learned while "organizing communities" ... sorry.
** Of course, we had to get off our collective asses and go to work to do it, since when we wake up in the morning (most of the time quite early) we are not looking for our next handout from some overfunded, overextended, and overstaffed entitlement agency.
All enjoy now ... keep your hands out and open!