Hooray for Gridlock: Part II

by Laura Ehrenberg-Chesler on January 12, 2010

in Economic Indicators,Fiscal Policy,Healthcare

In November I posted a blog about the potential for political gridlock and its benefits.  With the recent retirement announcements of some Democratic senators, and the election in Massachusettes to fill the late Ted Kennedy’s  Senate seat becoming a close race rather than a sure win by a Democrat, gridlock may be just around the corner.

In addition the Labor Unions are up in arms over the implied tax new health care reform will be imposing on its members.  More and more Americans seem to be moving to the center with regard to politics, and the impending legislative changes.

A move to the middle will be good for the economy and the financial markets.

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