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Investor-Class Dead Heat

Michael2450 Wrote: May 09, 2012 5:30 AM

Larry, the stimulus has been rolled into the baseline budget. So it has clearly failed, but the amount is 3X $850 billion. For the investor class, Romney has to be very simple and clear about lower tax rates, rolling back regulation, supporting something similar to the Ryan budget and repealing ObamaCare. All of which he has committed to do.

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Investor-Class Dead Heat

While President Obama is out on the campaign trail talking about how bad things were four years ago, and how we have to go “forward” to his second term to see just how great things are going to be in the next four years, the biggest problem he’s got is the here and now.

Real GDP in the second quarter stalled at 2.2 percent. There were a paltry 115,000 new jobs in April. The labor force shrank by 342,000 for the month, and the 63.6 percent labor-force participation rate is now the lowest since 1981. There are roughly 23...