Monday, November 19, 2012

Consumers and Companies Pulling Back? Not to Worry. Unicorns and Fairies to Spur Economy.

Scanning the news via the WSJ's "What's News" section we get a good sense of where Obama 2.0 is heading:
  • U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.
  • As retailers approach the holiday shopping season, some are seeing worrisome signs that Americans are tightening their purse strings.
Numerous causes of this, and unending debate of course.  But let's not get bogged down in political debate, Obama won, let's let the world turn and let Obama own it.  As this post highlights, when Democrats get everything they want, we know where it leads.  Let them own their victory.  It won't be pretty and it may be painful, but, as any parent knows, sometimes the best way to teach a child not to do something dangerous is not to prohibit or warn/scold, but to let the child take a fall, lump or mild scorching.  Sometimes voters children need to get the horns to learn not to mess with the bull.

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