Sunday, October 6, 2013

The Myth of Financial and Economic Armageddon

Don't believe the fairy tale stories reported in the media of financial and economic free fall resulting from the tussle between the House of Representatives and the President, and the resulting so-called gridlock and dysfunctional government.  There are always short term fluctuations to be sure, but the dollar has actually strengthened since the Republican House was elected in November 2010 and has been fighting to reduce deficits and slow the growth of the federal government debt bomb. Here are the data.

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