Here's a shocker: The Republican administration and the Democrat-controlled Congress cannot agree on Iraq, federal spending, Attorney General Gonzales' integrity (he should definitely resign - credibility now zero), the state of the economy or anything else.

So that may be a boon to the economy. When Congress was investigating President Bill's "panty-gate" and moving in the direction of impeachment, our economy blossomed! I have read that whenever Congress holds long, drawn-out hearings and does not pass any laws often, the economy does better.

How could this be? For one thing, Congress increases taxes more than they cut taxes, perhaps 10 to 1. Congress probably passes more restrictive laws instead of more empowering laws 10 to 1. And here is the most telling and least debatable -- every time they pass any legislation, they add all kinds of riders (as reported on the nightly news yesterday), with more "pork barrel" spending and pet projects added on the sly. The "Bring the Troops Home" bill about to be sent to President Bush by the Congress has more of the same -- what would you expect?!

So for the good of the economy, as strange as it may seem, in many cases, when Congress does less, we are all better off.

Sheldon Liber is the CEO of a small private investment company and the vice president for design and research at an architecture & planning firm. Check out his other posts for BloggingStocks here.

D.C.'s deadlock - fine by me originally appeared on BloggingStocks on Fri, 30 Mar 2007 13:30:00 EST. Please see our terms for use of feeds.