Something about yesterday's stock market downturn and the fable about Nero playing the fiddle while Rome burned hit me when I read:
“We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” said the official, who was granted anonymity, according to CNBC. “The latter is obviously more meaningful than the former on what’s in store for the economy in the medium to long term.” (The Daily Beast)
It has become clear that The White House does not want to be confused with the facts. Just wait until the March employment and inflation numbers come out in April--I'm not sure how that is going to be blamed on Biden.
I have written my Congressman about the impact of federal firings on veterans, maybe he will finally stop towing the party line.
We can only watch from the sidelines.
-- Bob Doan, Tequesta, FL
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