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The election and possible tax increases have nothing to do with the impending recession. The forces propelling the recession are already in motion.
The national debt has gone up 50% in six years and the dollar is worth half what it was worth in 2001. The reckless fiscal party of the last six years is over.
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I agree. The forces for the prior recession were in motion at the time. You're right. It's usually that way.
Apple could buy some spectrum, it appears, with that money. That would be an investment.
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[quote AAA]As soon as the USA Presidential elections occur, and taxes rise, I agree.
That's a nonsequitur. In reality, taxes have already risen. The government has been printing money like crazy because they've been spending money like drunken sailors. This (and other things) will ultimately cause the dollar's value to fall significantly (which it already has relative to foreign currencies), which is little different from raising taxes (actually, it's worse than raising taxes because 1) it's a secret behind the scenes tax and 2) it erodes the value of our savings (even tax-sheltered savings) and our children's future earnings in addition to decreasing the value of our current income).
