Divided government creates legislative gridlock, canceling out the extremes of each party's policies -- the Democrats' spending plans and the Republicans' deep tax cuts, which both could spur inflation. That will free up market forces to propel the stock market higher, experts said.Now, imagine if the WSJ had known that the Republicans under Bush would not only enact irresponsible tax cuts but they would also grow the government by more than 22%. Count me among those who think "split government" (or "divided government") would be best for the country. Right now that means vote for Kerry.
Tuesday, October 19, 2004
From CNN, October 2000: