So now are you in agreement that on May 6, when the Dow dropped a kazillion points (technical term) in about 20 seconds that there was no "error"? Usually when these "errors" occur, someone either fesses up or gets found out in about a day. Well its been 2+ weeks and it seems no one still has an explanation. And guess what? Now we are LOWER than the May 6 close. Anyone talking about "fat fingers" now? The Dow Jones has been briefly going back and forth below the magical 10,000 today. It's also down on the day which shows there is continued selling off of a pretty nasty downturn this week. Not good.
Like I've been saying, I have a few ideas on how this might be fixed. Here's one. Has this administration made ANY statement of ANY kind at ANY time of ever lowering taxes? How about this DC gang who are all going to be voted out of office soon? Pick a few sectors you would like to see grow. That means "job growth" or "creating jobs" where people work to get things. I know its a hard concept to grasp but it worked for awhile in this country. Take these sectors and give tax incentives out the wazoo (technical term), if they HIRE folks. Let the guys and gals who are entrepreneurs, invent stuff that will lead to future growth. Now for all you naysayers out there who think taxing the rich is the only way, I say this. Why don't we just TRY it. And not some garbage about building roads that we don't need. Technology, energy, even finance sectors can use some help. And oh, hey politicians, when you talk about building a plant or factory in your home area, and you will be creating jobs, BUT you have to CUT some other program to make it happen, people will listen and vote for you. Or you can try what you are doing now, bashing the rich and giving out freebies that will send us into the dark ages. And LOSE your elections anyway. Your call.