re: #283 lawhawk

Correlation is not causation. The markets were up significantly yesterday, so today’s drop can be attributed to profit taking and not necessarily to the nuts in the GOP ranting on about Obamacare or the debt ceiling.

True enough. Or it could also be the price of oil. At any rate, when has the Dow been over 15,000? Not in my lifetime. Look at what it was at the end of 2008.

Can you imagine where we’d be if the govt wasn’t spending? A lot of those profits are coming from overseas as well, so it’s not as though we “little people” are benefiting that much, esp JOBS.

Brokers and investment bankers are a hell of a lot more spooked by what the stock market is doing than I’ll ever be. It’s capitalism, and there will always be fluctuations.

I’ve been through half a dozen recessions in my lifetime. We’ve always pulled through, somehow, but not without govt spending.