Backsliding

By Geoffrey Norman
Published January 29, 2013 4:44pm ET
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Backsliding
The various deals in Washington on extending the “Bush tax cuts,” returning the payroll (FICA) tax to previous rates, increasing taxes paid by “millionaires and billionaires, delaying action on the debt ceiling, and so forth have, evidently, not worked to reassure the rest of America that we are on the road to recovery and that […]

The various deals in Washington on extending the “Bush tax cuts,” returning the payroll (FICA) tax to previous rates, increasing taxes paid by “millionaires and billionaires, delaying action on the debt ceiling, and so forth have, evidently, not worked to reassure the rest of America that we are on the road to recovery and that happy days will be here again … any day now. As Bloomberg reports:

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