After a deep recession, Ronald Reagan posted 4.7 percent annual growth over 22 quarters and employment jumped 13 percent, whereas President Obama's recovery has accomplished half that progress."Half that progress...." Has employment under this administration come anywhere close to jumping 13%. I don't know. The numbers don't make sense to me any more.
Even the vice president agrees: "the past six years have been really, really hard on this country."
And that's despite a gazillion dollars in various stimulus programs including Solyndra and wind energy tax credits. I guess killing the Keystone pretty much set the tone for the Obama administration's feeling about the blue collar set. Wall Street has done very, very well, and with the Yellen/Fed announcement yesterday, it looks like Wall Street will keep doing well -- at least for another year. The only fly in the ointment: the energy sector. Note to investors with long horizons: not to worry.
See disclaimer.
Speaking of politics, let's turn to another waste management issue.
I don't know if it's just me but there's something about a city like Phoenix hosting a "Waste Management" tournament. That seems better suited for Washington, DC. Be that as it may, for at least one golfer "Waste Management" probably lived up to its name. The leaderboard is too long for one screen shot, so the top nine and the bottom ten:
It's still possible for Tiger to score better than Michael Hopper but it's going to be close.
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