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Why would you think differently?

The Fed has enabled Congress to avoid confronting the fiscal mess for 12 years and has promised to do so for the indefinite future. With an unlimited credit card and Zero interest, why even bother?

Politicians don't raise taxes on their supporters or campaign financiers. Politicians don't cut spending on programs that benefit their supporters or campaign financiers. Regardless of their party.

Unless a crisis forces them to do so.
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