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Since it would appear that QEternity has ostensibly failed in its main goal of pushing the stock market higher (and mortgage rates lower

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 29 Oct 12 7:37 AM | 47 view(s)
Boardmark this board | De's Test Board 		Msg. 44778 of 45651
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What Fiscal Cliff? Obama Planning Another "Tax Cut" Fiscal Stimulus


the White House seems to be scrambling. Obama administration officials have concluded that the economy, while improved (apparently), is still fragile enough to warrant another bout of stimulus. The same old kitchen sink is being thrown at the problem as they are now resorting to the same fiscal stimulus that has also failed time and time again (as we noted here). As WaPo strawmans reports the White House is discussing the idea of a tax cut that it believes will lift American's take-home pay and boost a still-struggling economy (citing people familiar with the administration's thinking).


http://www.zerohedge.com/news/2012-10-28/what-fiscal-cliff-obama-planning-another-tax-cut-fiscal-stimulus




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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