Wednesday, 17 January 2007

Congress is Bad For the Economy

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One of the promises by the Democrats in the upcoming session is that they plan to work more than the Republicans. That is going to be bad for the economy. Literally!

Check out this study by The Club for Growth. The study tracks the effect on the stock market when Congress is in session. The results don't reflect positively on Congress. After reading this report, it seems to me that the wise action would be to shorten the sessions of Congress down to a few days each year. It appears that such a course of action would do wonders for the economy!

Posted by elendil at 11:45 PM in National Politics

 

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