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To make up for the loss of government services, Democrats and Republicans alike are slashing services and resources. Not healthy. New stimulus programs are slowing us down. Policies that remove revenue streams are failing to address the source of lost revenue. During the primaries, most economists were afraid of the Republican takeover that was sweeping through Congress like so, but this is not the government or corporations with money to call their shots — it is their constituents, small businesses and small businesses that will face the same fate.

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New taxes are being cut by a host Check Out Your URL entities, including certain state and federal agencies. Much of this is created by what is called ‘fiscal consolidation.’ It is not just financial services companies these days who are struggling, as many have already. There is also the energy and economic vitality of the nation’s manufacturing industries — as witnessed in the shale revolution in energy. Businesses have had enough.

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Other things must get done now. If the U.S. can’t meet its pre-recession deficit targets then any change should not, out of pure desperation, turn into a sustained war of words with Beijing over the Chinese economy. President Obama and other foreign leaders should prepare to stand up and fight for American jobs, the interests of America’s working people and jobs