Monday, August 8, 2011

Views on the S&P downgrade

An article by Dale Singer in the St. Louis Beacon gives the views of several market watchers, including me, on the S&P downgrade and what it means.  I reiterated my fear about a second recession, my support for tax reform, my fear of Congress getting involved in job creation, and that we should free up oil exploration, all of which I have blogged about.  I'm not sure if the line about "prescriptions that follow the GOP playbook" is supposed to imply that I am some GOP partisan.  If the GOP is smart enough to have the same views that I do, then good for them.