And you know what? You won't find a single Republican admit to getting this wrong. To do so would be to put into jeopardy their mid-term wins that were based on a fallacy: that the growing US debt was a serious issue that needed addressing immediately. (10-year UST yesterday was 2.22%...well below what would be expected, if US debt was a serious concern of investors.)
And unfortunately because of the intransigence of Republicans, we're likely headed into a double-dip, if we're not already there. The obvious sign: profits growing (and meeting market forecasts) despite flat sales, via mass layoffs.
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