Tuesday, August 23, 2011

What a difference 17 months makes


Well, I've been emailing a LOT, but not blogging. As my March 2010 post predicted, what a disaster the aftermath of Obamacare's ratification by a Super Majority Democratic congress has been - and the worst parts of Obamacare haven't even begun to kick in yet!

Let's see, job growth - since Obamacare passed - has plummeted from 60k jobs a month (still a pathetic number) to 6k a month (a result that is disastrous beyond description), we're another 3Trillion$$$ in debt, gold is up from $1100/oz to over $1800/oz, the dollar has plummeted another 15%, etc.

The government is lying to us about inflation, too (big Surprise!). It's closer to 7%, not the 2% to which they'll admit.

Businesses aren't going to borrow/risk/invest their money on new plant/equipment/personnel until they believe they will have a clear/stable/predictable/supportive environment of taxes and minimal government regulation/involvement. It's just that simple.

On the upside, personally, I've taken up Olympic style target Archery, and taken to it like a duck to water - what a great sport! Quiet but social; quite physical, but low impact/non injurious; analytical but relaxing; competitive but friendly; quid pro quo effort in/results out.

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