The gross domestic product up. Stock prices are up. Surviving financial institutions are returning to healthy profitability, as is Corporate America
Increasing asset prices mean nothing when the purchase power of the dollar falls at an equal or greater rate. The dollar is collapsing in value relative to other currencies and the dow is collapsing when compared with gold:
Fostering innovation and entrepreneurship means removing tax and other federal burdens, and allowing Americans and the free market to thrive. George's comments are right on. Our economy did just fine for a long time without this debt-backed fiscal irresponsibility called economic stimulus.
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[ 3.2 ms ] story [ 25.6 ms ] threadIncreasing asset prices mean nothing when the purchase power of the dollar falls at an equal or greater rate. The dollar is collapsing in value relative to other currencies and the dow is collapsing when compared with gold:
Other currencies: http://www.google.com/finance?chdnp=1&chdd=1&chds=1&... Gold:http://www.google.com/finance?chdnp=1&chdd=1&chds=1&...