So Far So Good

I just want to take a moment here to point out that, to the best of my knowledge,  today, Thursday March 5, is the first day that anything the new Congress has done that might influence the economy takes effect.

Today is when the two week continuing funding resolution takes effect with its four billion dollars worth of cuts.

I also would point out that the economic news has been trending increasingly positive for some time now (other than oil and food prices which seem to have more to do with demand in China and India and uncertainty in the Mid-east than with US government policies).

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