The stock market is going through gyrations. Economists are wringing their hands.
After all the drama over raising the debt ceiling, many are now saying the President and Congress were focused on the wrong thing. Debt reduction (and even elimination), while important long-term, is secondary to getting the economy going again in the near term.
Now they tell us.
Congressman Cantor continues to show his true colors. He is most interested in not raising taxes, in the short term and the long term. Debt reduction, while important in the short term and the long term, is secondary to not raising taxes.
Did you know that not raising taxes, or better yet, lowering them, will, in addition to creating millions of new jobs, cure cancer and usher in eternal life?
That’s bad news for tax collectors. But, still they can be comforted by the fact that Jesus is their friend.