Unlike the American people, who only get to vote on Election Day, Wall Street “votes” every day. So far, the stock market, which represents the relative optimism of investors (and most of our retirement accounts by the way) has resoundingly voted no to the tax-and-spend approach to recovery, no to multi-trillion-dollar deficits, no to government strangulation of the money supply, and no to promised tax increases on business.
But hey, 25 cops in Ohio just got new jobs. Good for them.
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