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The Fiscal Cliff – A Done Deal, But How Good?

As I wrote back in December, everyone understood the need for a deal to be made between President Obama and Congress to avoid going over the ‘fiscal cliff.’ That is, to come to an agreement that would avert the scheduled expirations of a host of tax cuts and reductions in spending on programs like defence and social welfare benefits.

But when it comes to negotiations between this President and his Republican counterparts in Congress, anything can and did happen. Over the course of the roughly two months between the President’s re-election and the final deal being signed on January 2 (technically, after going over the cliff), we saw offers and counteroffers made, concessions made on both sides, and much sniping across the partisan divide.

Irrespective of the details of the fiscal cliff deal, in light of the way both sides conducted their policymaking negotiations, how might one best describe the decision making process on an issue of global economic significance?

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America Votes – 15 Days To Go

How things change. In my last article on the Presidential Election, from the United States, I suggested that the election hadn’t really engaged the voting public, with the coverage at the time focusing on the missteps within Mitt Romney’s campaign and the support the President was receiving in public polling.

But with the Republican’s exceptional performance in the first Presidential Debate and the President’s seeming disinterest the election was thrown back into tossup status.

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