Surprise, the Pub pundits are wrong, AGAIN

Four years ago, as a newly elected president began his efforts to rescue the economy and strengthen the social safety net, conservative economic pundits — people who claimed to understand markets and know how to satisfy them — warned of imminent financial disaster. Stocks, they declared, would plunge, while interest rates would soar.   What the markets are clearly saying, however, is that the fears and prejudices that have dominated Washington discussion for years are entirely misguided. And they’re also telling us that the people who have been feeding those fears and peddling those prejudices don’t have a clue about how the economy actually works.

In spite of all they have done to sabotage the recovery from 'The Great Recession', caused by 8 years of Bush/Pub policy, it seems the markets are gradually crawling back. Bad news for the Pubs, whose only chance of getting back into power is if the markets tank. Doesn't mean they're giving up though, cuz they do have a plan.....