Dramatic declines in the uninsured population at a lower cost than initially estimated seems to be 'working' to me by any reasonable standard. Color me surprised that you neglected to mention any of that.![]()
By the way, great job with your prediction of terrible construction sector growth for the US. lol.
If you define reason in any way that you wish then anything can be defined as reasonable. My expectations are what it was sold on. I know the democrats are fond of the "ha ha we fooled you, it was a tax the whole time!" No one was fooled.
Construction sector growth diverged from commodities in 2008 too, and you've been waiting about that long for inflation. Can you believe that some people think Yellen is going to raise rates this month? Maybe after we find some residual seasonality in the Black Friday numbers we'll find that wage growth that hasn't been keeping up with the lack of inflation. Banner performance on the markets today, I think Nasdaq is still positive for the year.
