being short is one thing but keep in mind that this week is the two day Fed meeting and concurrently the meeting in Davos. Be careful what you short against. I favor puts over shorting stock and if you short stock, protect yourself with calls.
Interesting article. I'm not sure how far you're looking out. 3% to 4% GDP for the reasons you state but even that is illusory. Someone should address the wind down that will be responsible for muni and state governments coming to mkt for 300-400 billion in debt service. If the budget talks get serious--a very big if--that will be more money removed from the active economy. Think a 1.5 to 1.7 haircut for GDP. What then?