In response to:

The Coin Flip Congress

intel Wrote: Oct 08, 2012 3:13 PM
Stock market performance under Clinton and George W. Bush. --------------DJIA-----NASDAQ----S&P500 1/20/93----3242--------697---------433 1/20/01--10,588-----2,770-------1,343 1/20/09----7,949-----1,441---------805 Performance under William Jefferson Clinton. DJIA, +227%. NASDAQ, +297%. S&P500, +210%. Now, the Destruction of Wealth under George Bush and the Republican party. DJIA, -25%. NASDAQ, -48%. S&P500, -40%. George W. Bush did have a Reign of Error.

Bowles-Simpson came back into style last week. Not only did the plan receive eight mentions during the first presidential debate; it was also the subject of a widely circulated and discussed New York Times story. For those that may have forgotten, Bowles-Simpson (or BS for short) was President Obama’s ill-fated debt commission that promised a $2 trillion tax hike on the American people.

Although neither Mitt Romney nor Barack Obama supported the BS plan last week, the plan is finding renewed support among a small, bipartisan group of Senators. According to the New York Times, Senators Lamar Alexander (R-TN) and Michael...