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Obama RX: Bleeding an Anemic Economy with Tax Increases

dircto Wrote: Nov 16, 2012 10:38 PM
No wonder it was a shorter amount of time to go from Pearl Harbor to VJ Day than it took to get in Iraq (March, 2003) to even get sufficient troops there to control the situation (the Surge, May, 2007)

WASHINGTON - If you thought the presidential election would lead to an early break in the fiscal gridlock that now divides our government, think again.

President Obama's post-election press conference on Wednesday signaled he is digging in for a lengthy political battle to raise tax rates amid new evidence the economy is still very weak and will likely remain so for the foreseeable future if not throughout his second term.

If anything, he's taking a tougher tone with Republicans in Congress as he prepares for negotiations with House Speaker John Boehner and other House and Senate leaders on Friday....