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|User Info||Where We Are, And Where We're Headed (2011); entered at 2010-12-31 01:51:13|
Registered: 2008-12-21 CA
You could be getting one wrong.|
I think they will continue QE since we have no choice and since Europe is such a dog pile we will get away with it. Neither republicans or dems will choose to cut spending and neither will they raise taxes, There is no deficit cap and no debt cap that matters, as we have seen every time the debt cap gets raised. Now that congress knows there is no bond market to worry about, they will just spend away. My guess is they get away with the 2 trillion deficit.