How to get the stock market back

How to get the stock market back
The city has already erected a memorial to the noble creature. (Image:

[Ed. – A worthwhile read]

… [W]hat could be done for markets by the White House and Congress if this were not an election year. There are plenty of measures that would bring the Dow Jones Industrial Average or the S&P 500 roaring back to where they were before the panic – or yet higher. And those increases would come not just because of post-panic euphoria, but also because the prospects for growth in the United States would ratchet upward. Herewith are four transformative growth proposals:

Cut the capital-gains tax rate. The top rate now is 20% … which obtains for most assets held over a year. …

Skip the bailouts. … Take advantage of low equity prices to turn more U.S. citizens into shareholders. …

Reschedule America’s debt and lengthen maturities, issuing 50-year and 100-year bonds. …

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