The Score Card

In the last 18 months, twelve years of gains have been lost in the stock market. That adds up to trillions of dollars of personal wealth. Sadly, this is happening to the bedrock of our society, the people who save money, invest for retirement, and plan ahead. So the ones who provide for their own retirement, who usually give to charity so they can help the less fortunate, and who pay higher taxes have been hurt the most.
The bureaucrats in Washington are going to miss their contributions into our tax system. And our deficits will end up being much higher than any predictions because no one is considering the inevitable loss of tax revenue.