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Poll: 67% Say Lawmakers Will Act like “Spoiled Children” During “Fiscal Cliff” Negotiations

My ballpoint pen Wrote: Nov 26, 2012 10:31 AM
Brilliant idea! But why stop at IRAs? Let's take a look at net worth: savings, investments, retirement plans, real estate...everything. Think of the stimulative effect on the economy if people were taxed on the wealth they hold. Spend whatever you have or pay taxes on it. Spend, spend, spend. Borrow money and spend it so that your net worth is negative and you get a tax rebate!

A new CNN/ORC poll conducted before Thanksgiving underscores just how confident the American people are in their elected representatives: more than two-thirds of respondents believe lawmakers will behave like “spoiled children” during the budget negotiations slated to begin in earnest this week (via National Journal):

Roughly 24 percent said the country would face a crisis and 44 percent said the country would face major problems if the tax increases and spending cuts set to enact early next year are allowed to take hold. Just 24 percent think it would cause minor problems.

Fully 77 percent said it would...

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