Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
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So I take his threat to be this--I will not agree to raise taxes on ANYONE, and if you do not agree... I will force taxes to be raised on EVERYONE.
I don't see how this sells or where his leverage comes from. Rich folks don't want a second recession either so his backers will back off.
I'm saying that these guys will drive off the cliff and then pull the rip-cord on a partial tax cut for everyone. By doing this, everyone saves face....except the steep losses in the stock market from this game of chicken. Makes me wonder if I should sell most of my mutual funds and wait until after the first of the year to buy back in. :hmm: