We all know that our government and its agencies are very good at reacting to a real or perceived crisis with new laws and regulations designed to reduce the chances of another similar event occurring. The most recent example of this concerns the cost and availability of health care. The solution designed and implemented into law, affectionately known as Obamacare, was well intended. However, we all know that it has major problems that will need correcting.
Kendall J. Anderson, CFA