Where is the GOP's better deal?

Businesses created more than 200,000 new jobs for the sixth straight month. Second-quarter gross domestic product rebounded by 4 percent from the winter-weather doldrums. And the Manufacturing ISM Report exceeded all expectations, with big gains in new orders and employment.

So on the surface, the economy is looking better. And as a result, the Federal Reserve is on the cusp of a new and less-stimulating policy cycle — which is a big reason why stocks sold off this week. A lot of investors are wondering what happens when the Fed takes its foot off the accelerator. Will burdensome tax and regulatory policies prevent any sort of economic breakout?