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Politics : View from the Center and Left

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To: JohnM who wrote (213601)1/2/2013 11:59:35 AM
From: epicure  Read Replies (1) of 541747
 
I think that's just wrong. If the market had destabilized, and I think it might have, that WOULD have been economic change. At this stage in the recovery, if people had seen a dramatic market drop, and seen their IRAs lose a ton of money, that could have derailed consumer confidence, which then could have derailed the recovery. I don't think Obama wanted to play dice with the markets- and I'm glad he didn't. He did exactly what I would have done, and I appreciate that.
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