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>>>>Regardless of who prevails here fully 1/2 of the country will be unhappy. Personally I think the gridlock is wonderful and the less the federal government does the better. <g>
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>>>Robert Reich says that Greenspan also likes gridlock...
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>>Indeed? Hadn't heard that one.
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>
>Yeah, Reich says that Greenspan is equally concerned about Gore's spending plans and Bush's tax cutting plans. So grid-lock means that neither can happen and the economy can continue a modest expansion.
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>Peter

Peter,

Greenspan, I would dare say, holds more power than the President - in the sense he can more quickly cause the market to swing.

A lot of people decry all the bickering and so forth. Personally I see this as exactly what the framers intended - to keep the federal government as weak as possible.

For me - it would be wonderful just to freeze government spending for 2-3 years at current levels, ditch the stupid 'spend it or lose it next year' rules and devolve government. I don't think there's much chance this will happen as it's about impossible for those holding power to let it go (Psst.. Remember George Washington?)

Thanks again!