Originally Posted by
forgot to bid
imho, you're right, I think the economy will continue to have significant issues magnified by coming tax increases (at a minimum the loss of current tax breaks). I think just as in the fall of 2008 companies and small businesses will respond with less spending and in turn more unemployment in preparation.
However, the worse the economy gets then greater the chances are that you will see a new house and possibly senate. Such a change over, again imo, will cause an economic uptick. I think not to unlike post 1994. There is nothing more the markets wants to see than a split power. I think the So if your DAL and need 2 years (or say even 1 year) to get an ROI on furlough then you may see DAL will again have to see what happens.
One can hope.
Those tax breaks expiring are the reason I am sitting on two business plan. Renew them and I would consider taking the leap of faith, but man, I am not going to bust my hump to pay all my profits in tax.
This falls mid terms will be a good indicator as to where the economy will go, imho.
Problem is the world is broke.