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RoninLB
RoninLB is offline
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Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
if you want to keep a complicated issue simple monitor GDP & overall job creation.

The only real uncertainty beyond a catastrophe is the policy of the new Fed Chairman concerning interest rate policy. Political bs affecting the economy hasn't been considered a drag.. yet.

The Fed Chairman said in his political posturing that the tax cuts add to and will continue to add stimulation to growth.. [hopefully the Reps don't screw up that policy]

Seriously adding to budget deficits will eventually be harmful to growth if it continues at the current Rep rate. Otherwise the historical best way to handle budget deficit is from a high growth rate, not tax increases or devaluation of the dollar, and responsible spending.

Having a dynamic economy means that everyone is never completely happy.

and don't forget the politics in election mode.
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Ronin LB
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Old 04-13-2006, 09:44 PM
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