Friday, August 5, 2011

Should Congress really get so much vacation?

Well isn?t that nice. Two days into the August recess, and the market dives more than 500 points. Happy birthday, Mr. President.

The American economy suddenly looks like it?s reached the end of its string, in the words of the Post?s Steve Pearlstein, and Congress is on vacation for four more weeks. As Steve notes in his column, there are limits to what Congress can do: Despite all the blame pointed toward Washington for not repairing the economy, it?s traditionally markets that do most of the fixing. But there is plenty Congress could do?and should do quickly?if it actually worked like most leaders do.

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Source: http://feeds.washingtonpost.com/click.phdo?i=f092cf0163a0f3c4e5072edc8c5998a2

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