Subotai,

I hope your daughter’s recovery continues to progress. Thanks for your reply.

As a followup to my earlier comment abt the “right” economic policies, this WSJ opinion piece quotes Art Laffer as saying pretty much the same thing, “we “cannot have a prosperous economy when government is overspending, raising tax rates, printing too much money, over-regulating and restricting the free flow of goods and services across national boundaries.” We are, in his words, simply “moving in the wrong direction.”

He goes on to say that due to the tax increases that will occur in 2011 due to the expiration of the Bush tax cuts, 2010 will likely borrow 3-4% of GDP growth from 2011. See the link for more.