Quote Originally Posted by moka View Post
It won’t stop the bear from coming, but when it does come a well-being budget will ensure that there is plenty of porridge in the cupboard for the bear so it is not so grizzly.
What is a "well-being" budget anyway. How is it defined. And I think if it is what I think it is, that a well being budget will actually exacerbate the actions of the bear. From an investing point of view it will. If a well being budget means taxing at higher rates to "redistribute" wealth and or income, then that will be negative for the markets..... the parameter by which a bear is measured.
Jacindarella is deluded.