"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Cliff Hangs on the Fed: Why Ben Bernanke Controls the Economy's Fate
"The economic stakes from the fiscal cliff debate aren’t quite as high as you’ve been hearing. One largely unexamined assumption of the debate is that going over the cliff--that is, allowing the Bush tax cuts to expire on schedule and letting spending cuts Congress previously legislated take place--will push us into another recession in 2013."
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