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August 2012

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Fiscal Cliff = Greek Austerity?

August 23, 2012 – Comments (4)

I would be willing to bet that both political parties will repeat the kabuki dance of last summer, and avoid the impending fiscal cliff at the last minute. Left unfettered, it would increase the income tax and cut fiscal spending. Funny, that sounds eerily like the austerity package to close her budget deficit that EU/ECB/IMF have imposed upon Greece as a condition of financial rescue.   [more]

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More Economic Facts That Aren't

August 20, 2012 – Comments (1)

This is Part 2 - you can find Part 1 here. This time, I have included the relevant links: the stories are quite interesting.  [more]

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Economic Facts That Aren't

August 09, 2012 – Comments (2)

GDP IS THE ONLY GAME IN TOWN  [more]

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