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The debt ceiling returns to America Sunday. And so will the idea of paying the debt with an extremely valuable coin http://t.co/HbgThlGojW
— Bloomberg Business (@business) March 15, 2015
Nice chatter, but Obama has already stated in the past that he would never use it; that he "can't" use it. Why would he, anyway? Obama is a fiscal conservative who proposed "Grand Bargains" cut to Social Security and Medicare and reining in the deficit. He also backed tax hikes on the Middle Class and sequester. He'll go with some "compromise" with Republicans that further hurts the Middle Class and poor and the economy, generally.
It will be interesting to see how they affect Bloomberg and Bloomberg affects them.
It looks to me like Obama is positioning himself as a Very Serious Person rather than the agent of change he sold himself as in the 2008 campaign. As a result he has operated chiefly as an imitator rather than an innovator.
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Nice chatter, but Obama has already stated in the past that he would never use it; that he "can't" use it. Why would he, anyway? Obama is a fiscal conservative who proposed "Grand Bargains" cut to Social Security and Medicare and reining in the deficit. He also backed tax hikes on the Middle Class and sequester. He'll go with some "compromise" with Republicans that further hurts the Middle Class and poor and the economy, generally.
Weisenthal at Bloomberg now? Ritholtz at Bloomberg. I guess it's better than that idiot Caroline Baum. Remember this?
It will be interesting to see how they affect Bloomberg and Bloomberg affects them.
It looks to me like Obama is positioning himself as a Very Serious Person rather than the agent of change he sold himself as in the 2008 campaign. As a result he has operated chiefly as an imitator rather than an innovator.
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