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(The Year 2012 In Review)
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|User Info||2012 In Review, And 2013's Look Forward; entered at 2012-12-27 15:48:20|
Registered: 2008-04-10 Midwest, USA
Namor is right. Artifically low taxes, deficit spending, ZIRP, and easy credit have been pain killers to date. A tolerance is building though and access to these easy pain killers is going to get increasingly difficult. I think 2013 is a transitional year. Even if the debate is full of BS, having the "fiscal cliff" shoved in their faces every day has forced people to at least think about the problem, if not even talk about it. They'll listen and fume in 2013 but the pain/withdrawal will become unbearable in 2014.