Greenhaus on US Elections: Gridlock NOT Good

Be sure to see Miller Tabak’s Chief Economic Strategist’s Dan Greenhaus’ take ont he elections here in the States.

His is a decidedly non mainstream view:

The problems facing our economy are serious, requiring real action on the part of political bodies. Simply put, gridlock is good when the private sector is humming along and government action is more likely to disrupt activity than enhance it. This is not the case today. Furthermore, no time-period in the last 100 years has seen a Democratic President and a split Congress and as such, gauging the political reactions of a President based off of the reactions of a President nearly 20 years ago in a different situation seems inappropriate.

You can read the full piece, Burnin’ Down the House here.

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