“”The market has gotten way ahead of the reality on the ground,” “
Ya think!
I don’t understand what’s kept the market afloat. Socialism is bad ju ju for free markets to prosper. I expect things to get worse if we don’t turn this out of control federal spending around. It’s not enough to stop health care, bailouts and such. We actually must start SHRINKING the size and scope of the federal government. We’ve already taken on enough to sink this ship, any more just assures it will sink faster.
It’s not just the spending but how it’s being spent. FDR built dams. Eisenhower built the interstate highway. Obama fixes potholes.