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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (78281)	11/9/2012 12:05:20 PM
From: Broken_Clock	3 Recommendations Respond to of 119360

I haven't see a plan by either party to cut the deficit. Have you.? I've seen plans to slow the growth of the deficit over the next 10 years. Whoopee! meanwhile the Fed is handing out trillions....

To: LLCF who wrote (78281)	11/9/2012 12:17:33 PM
From: Bonefish	3 Recommendations Read Replies (1) \| Respond to of 119360

The Bush, later extended by Mr. Obama tax cuts are set to expire automatically. Plus spending cuts. When that kicks in then there will be nothing left than to raise taxes on everyone and he'll be exposed but it's too late now, my friend. He was going to reduce the deficit 4 years ago remember. Not going to happen now either. Simply, any automatic tax hikes and spending cuts won't even touch it. Big government runs in his veins. It's his pedigree. His upbringing. Haven't even had a budget in 4 years. My guess is he will sit on his hands, take a vacation ( already in Asia now) or two and then blame the republicans for not offering a compromise plan.