Thursday, November 4, 2010

Mid Term Elections - Economy

Generally they say stalemate in DC is good for economy. However, this time they are saying it will be opposite as many critical items are waiting for decision from Congress. I still think that even this stalemate will be good for economy. Any new law by congress is going to only create issues for business. Congress can't do more stupid stimulus bills. Onus will be on Fed bank. They are economist with only agenda to stimulate economy. That is all we need at this time.


In California, hopefully Jerry Brown will think this as his last political assignment and try to fix broken system in hope of so called lasting legacy. My hope is that he will think rationally and take decisions which are in best interest of Californians rather than a particular union or small group.

1 comment:

Shai said...

I forgot about SENATOR Barbara Boxer. Hopefully this year's narrow margin win will give her wakeup call and she will do something useful for California for next 6 years. I really hope that republicans will find some good candidate for next elections to fight with Senator Fienstein.