[Superman]

Temporarily removing the capital gains tax simply allows investors to sell without paying taxes. It does not promote investment. It promotes disinvestment. Except that investors know that, from time to time, the capital gains tax will be suspended.....and they will have their opportunity to sidestep taxes. And so, in that sense, it encourages them to invest.

The left is not so confused as you think, about the importance of creating an optimistic and robust business climate. But again, here we're talking about American politics. One group of politicians is willing to borrow money from my grandchildren, and another group thinks that's a problem. Interestingly, the identities of the two groups is the opposite from what many people have been told to believe. The R's promise tax cuts. They forget to mention the deficit and debt problem this creates. Then, eventually, somebody will need to deliver the bad news.

I would say that Presidents have better control of the economy that the NEXT President will enjoy than the one they are stuck with.