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Election fallout - predictions?
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[QUOTE]Originally posted by Gilbert B Norman: [QB] Even if the conservative "zealots" objective of 1) while in office to have President Obama [b]signing[/b] (as distinct from an overridden veto) legislation to repeal in its entirety the healthcare act, 2) to have enacted a permanent extension of the "Bush tax cuts' also signed by Obama, i.e. the existing tax rates and structure, and 3) to [b]defeat[/b] him (as distinct from not running which I am starting to believe will be the case) in 2012, is not fully realized, there will be casualties along the way. As I've noted in the related topic I originated, the "$8B for HSR" is simply ill-appropriated largess that is only putting the initiative for expanded intercity passenger service in the same category as (fill in whatever the most needless government expenditure happens to be). The $8B should have been allocated in its entirety to the Northeast Corridor to shovel ready projects (EIS and all that stuff already taken care of) where many eyes (passengers) would see young men and women with a high propensity to spend (as distinct from invest) what they earn at work. As I've noted in the past, all that is needed for economic growth to resume (the Recession ended during July 2009) is for "John Q" to decide, "the Recession is over; let's go hit the mall and go out to dinner". "My neighbor just got recalled; I'm next". [/QB][/QUOTE]
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