October 11, 2004

Most people will be tempted to say that gridlock would be good like it was during the Clinton administration. We beg to differ; we believe that gridlock is good when it prevents tax increases, regulatory increases and spending increases. Gridlock is bad when it encourages tax increases, regulatory increases and spending increases. Unfortunately the budget process has forced the Bush 43 administration to adopt temporary tax rate cuts that will sunset during the next four years and gridlock may prevent us from stopping the sunset.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format