March 3, 2009
Re: Could it be?
Carroll Andrew Morse
So when President Obama says that…
Profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal…if you’ve got a long-term perspective on it.…isn’t he basically saying that…
The fundamentals of our economy are strong.Those who were critical of the attitude expressed in the second statement should feel free to reiterate their concerns about leaders who really don't understand economics, in response to the first. That is, if their criticism was ever about substance.
Comments
I've got a little different take on Mr. President's words. It sounds like what would be a normally good investment because of normal market growth over time, will become a slow process because of the heavy tax burden he will be imposing on the corporations and their leaders.
Posted by: John at March 3, 2009 6:22 PM