The Mudcat Café TM
Thread #139473   Message #3201955
Posted By: GUEST,TIA
04-Aug-11 - 06:15 PM
Thread Name: BS: US Debt Limit: The fix is in
Subject: RE: BS: US Debt Limit: The fix is in
And BTW, if (as the Right has been claiming) the economy and markets suck because bidness people are afraid of Obama tax increases, why did the market shit the bed today right after a debt ceiling deal that included no tax increases?

Could it be that bidness people actualy know bidness, and are aware that deeply cutting government spending will depress the economy?

Nahhh. That can't possibly be. The market shit the bed because there were no tax breaks for wealthy people in the deal. THAT is what fixes everything.