Deja 2000: Has the U.S. Been in a Technology Bubble That Just Burst?
The tech bubble of the late 1990s was fueled by an economy that embraced the optimism, so both fell hard and at the same time. The recent tech-stock sell off never got widespread economy buy-in because it's still struggling under President Obama's economic policies. That means the tech sell off is probably more a correction than a bubble that just burst.
One More Politically Damaging Part of Obamacare Gets Ignored
Democrats wrote, passed and praised Obamacare, including the legislation's cuts to seniors' Medicare Advantage program. But now that many of them are facing tough reelections, they asked the Obama administration to ignore the law and unilaterally postpone the cuts. The Obama administration responded by actually providing a spending increase.