It looks like Obama`s budget intends to give up on implementing the Yucca Mountain nuclear waste repository. (Congratulations, Senate Majority Leader Reid (D-NV).
So, nuclear waste would continue to sit around nuclear power plants. Which means nobody is going to build anymore nuclear power plants in the U.S. ever. And since we`ll be cutting back on carbon emissions, that will leave, uh, wind and solar power. And don`t forget tidal power. Or maybe photosynthesizing bacteria.Factor that into your long range economic growth projections, then see where the Dow should be.