I've come to the conclusion that the tea party and their supporters are just delusional. Purely anecdotally they had some guy on QR77 yesterday who took the position that the US was staring into the abyss. Consumer confidence was terrible, yada, yada, yada. At the end of the interview I flipped stations and caught the business report. First comment was that consumer confidence surprised to the upside and the housing market has leveled out.
Couple that with reading some of the posters here who think Obamacare has caused every single issue the country faces and that the stock markets might somehow react positively to there being no deal next week and its pretty clear which side knows nothing about money and economics.
|