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Just theater? We see some deeper problems

December 4, 2012
Gary Andersen, Lee Smith

It is the view of some that the budget standoff in Washington - known as the "fiscal cliff" - is just a bit of theater. That is, the two sides are currently acting in an unyielding manner in order to please their supporters. Eventually, the analysis goes, the two sides will reach a deal to avoid the tax hikes and spending cuts that are slated to take hold Jan. 1.



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