[GeoPie]

What bothers me is that sooo many people do not understand basic economics.

In a basic free market, the market naturally expands and contracts. When things expand to much(or appear better than they really are), the economy will begin to contract to get rid of the ineffeciencies. It’s a natural cleansing. This is healthy and why open markets work so well. They are self correcting! It has very little to do with the president!

[armedliberal]

except that we have the fed manipulating the markets and market psychology with credit expansion, currency debasement, etc., so we don't really have free markets we have regulated capitalism.