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Tuesday, October 01, 2013

Remember When Republicans Were Worried about Uncertainty?

Lydia DePillis at Wonkblog:

Remember when Republicans were worried about ‘economic uncertainty’?: A government shutdown, and the prospect of a default on the national debt, is pretty much the definition of economic uncertainty. Contracts are put in limbo. Future interest rates are unknown. A new healthcare system lies in the balance. And meanwhile, a whole host of issues that businesses need resolved in order to plan several years in advance -- environmental regulation, immigration policy, the tax code -- go almost entirely unaddressed.
These are the conditions brought upon us by a small core of Republicans who can't let go of their opposition to a law their colleagues passed three years ago. And yet, not long ago, many of those same Republicans were declaring that uncertainty is the economy's biggest threat. Let's go to the tape: ...

    Posted by on Tuesday, October 1, 2013 at 12:33 AM in Economics, Politics | Permalink  Comments (63)


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