Week 7 DQ

Week 7 DQ - of credible plans to deal with expiring tax...

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Who was to blame for the economy falling off the cliff, four years ago? Who is responsible for the continued anemic growth, high unemployment and the length of the recession? There is growing evidence that policy uncertainty has contributed to the problematic recovery. (Riley, 2012) Consider what Congress accomplished last year: a bloody debt ceiling fight that almost caused the nation to default, a drawn out fight over whether federal agencies should fund themselves and another fight over a 2% payroll tax cut. Now consider what Congress avoided: the development
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Unformatted text preview: of credible plans to deal with expiring tax cuts, burgeoning long term deficits and desperately needed systemic reforms. In my opinion, Congress, especially the House of Representatives is in constant campaign mode, which limits their ability to get any meaningful work done. Works Cited Riley, C. (2012, 02 23). America's Choice 2012 . Retrieved from CNN Money: http://money.cnn.com/2012/02/23/news/economy/congress_recession/index.htm...
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This note was uploaded on 03/25/2012 for the course ECO 202 taught by Professor Rondeau during the Spring '11 term at Post.

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