Creating good jobs, reducing corruption in the federal government, and reducing the federal budget deficit score highest when Americans rate 12 issues as priorities for the next president to address. Americans assign much less importance to increasing taxes on wealthy Americans and dealing with environmental concerns.
Below are the results of two USA Today/Gallup polls conducted on July 19-22:
Takeaway from the polls: Obama and Romney supporters differ most on healthcare, dealing with environmental concerns, increasing taxes on the wealthy, and education. All of these are much higher priorities for Obama supporters than for Romney supporters. The deficit is the only issue that has a large party difference with Romney supporters saying it is more important.
Hat Tip: The Big Picture
As it stands, China is leading the Olympic medal count. For an interactive view of the standings, see NBC Olympics.
I decided to add a new concept to FTG — every Sunday, I will post a political cartoon. I may still post other cartoons relating to politics or the economy on other days, but at a minimum, expect a weekly Sunday cartoon post.
Source: U.S. News & World Report
“Perfection is not attainable, but if we chase perfection we can catch excellence.”
— Vince Lombardi
Here is an interesting infographic from the Center For American Progress that details the ballooning costs of health care:
Wall Street was on a tear today as the Dow closed up 187.
With that said, Josh Brown, a New York City-based investment advisor and author of The Reformed Broker blog, who earlier this month laid out his case for why he wanted to be long stocks for the second half, produced a chart indicating a pattern of higher highs, and higher lows for the market.
Here is what it looks like: