I completely agree. I don't share his optimism on this issue and I think the 'Rats will gain seats in Congress. Maybe not enough to take over, but it looks like they will certainly gain seats. I run into people every day who complain about the economy. Can you believe that? If you can't make it in this economy the problem lies with you, not the economy. It's hard for me to understand the notion that some folks have that this is a bad economy, especially when it comes from folks who lived through the Carter years.....
It is mostly fear of another bubble. The press has constantly been talking down the economy and Wall Street thrives on bad news. They make money buy or selling.