Posts tagged: divided government

In Case You Think Gridlock in D.C. Is a Good Thing…

By admin, February 8, 2010 3:40 pm
As if investors didn't have enough to be concerned about, add this: gridlock in Washington.

No, we're not talking about the weekend blizzard that's keeping the Capital area closed for a couple of days. We're talking about political gridlock, in which divided government -- Democratic control of the White House and, in this case, lack of ironclad control of the Senate -- prevents progress on key legislation, including the federal budget, banking regulation overhaul, energy policy, health care reform and others issues important to the financial markets.

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In Case You Think Gridlock in D.C. Is a Good Thing... originally appeared on DailyFinance on Mon, 08 Feb 2010 15:40:00.

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