[NobleFree]

The stock market is not the only worry.

Fixed it. Short-term fluctuations in stock prices no longer have anything to do with the actual economy ... which is discussed in a few paragraphs near the end of this mistitled article.

[Texas Eagle]

That's a good point. A "down" market is almost self-correcting in that it incentivizes investors to buy which drives it back up.

States, on the other hand, aren't willing to forego whatever taxes they lost out on to come rolling back in. They will squeeze the blood out their turnip/citizens.