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Poor and Stupid

How big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good.

Maybe Economists Aren't So Stupid After All

Posted on 07/24/2008 06:55:58 | Link | Post Comment
From Reuters:
The U.S. stock market would fare better in the first year after a victory by Republican presidential candidate John McCain than by his Democratic rival Barack Obama, according to a majority of economists at U.S. banks and research groups polled by Reuters.

...On a scale of 1 to 5, with 1 being "very good", 12 economists gave McCain's proposals higher marks, while nine rated the two candidates equally and eight preferred Obama's policies, according to the poll released on Wednesday.

...The survey, conducted this week, found that 21 of the economists polled thought McCain would be better for the stock market in the first year after the election, while six chose Obama and two gave no response.

The sample includes a cross-section of U.S. financial institutions, large and small, including several prominent Wall Street names.

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