"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Bad Economic Omens Since The Election
"Since the election, the stock market has fallen substantially. The S&P 500 has fallen over 5 percent. The prospect of 'Taxmageddon' (massive tax increases scheduled for the beginning of 2013), coupled with rising government spending that will crowd out private investment over the long run, is not a good omen."
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