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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (99533)1/10/2008 12:32:37 PM
From: Lizzie TudorRead Replies (3) of 306849
 
I also support Reagan. You and I agree on a lot of politics/fiscal matters. I think Clintonomics was outstanding and behind that the Reagan era- which, to be fair, had to deal with the horrible inefficiency of US corporations- all of that needed to be turned around and was, in the 80s.

One thing that is not mentioned enough is the US stock market. With a bad market like we have had this decade, our companies are at a distinct disadvantage globally against other companies whose markets are on fire like China. Dumbya hasn't said a tweet about the stock market in his entire term- as opposed to Rubin/Reagan and other past leaders who considered a healthy market their responsibility. Not that I want Dumbya to insert himself into anything at this point- but this administrations avoidance of the stock market has hurt us.

I wasn't around for Carter but I wonder if this is what it was like, you just want him to go away asap, there is a ton of stuff wrong but with this joker at the WH we are in a holding pattern- just get somebody else in there as soon as possible and clean up the mess.

As for the dollar, there is some emotion in that too just like oil. As soon as the US gets a better president, even if we continue to act in a deflationary manner towards to dollar to shore up the economy- the dollar might rise with some fiscal discipline and a realization that Bush is finally gone.
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