Buyer’s Remorse? Dow Below 7000- Not Too Stimulating

The dow has blown through another key support at 7000 on it’s way down.

Many retirement accounts invested in the markets are seriously damaged. My mother, a Berkeley liberal feminist might have to go back to work as her and her husband’s managed investment account has tanked, and continues to drop.

She is a big time Obama supporter so she will blame someone else, but where the heck is the stimulus money? We need stimulating and we need it now!

Traditionally, growth has been stimulated by putting more money and incentives to invest into people’s hands that will invest it, creating jobs. It has worked many times before.

Raising taxes has the opposite effect.

Artificially increasing the money supply though huge amounts of deficit spending by the government usually causes inflation, so assuming we get a bump from the Stimulus Plan inflation will kick in shortly thereafter. This will further diminish the value of what is left of my mother’s retirement.

When will buyer’s remorse kick in?