Nov. 28 (Bloomberg) -- Senator Dick Durbin of Illinois, the senate’s No. 2 Democrat, said negotiations over extending the Bush-era tax cuts also will include prolonging emergency unemployment benefits and other tax credits. These are tough decisions. At some point, however, we have to stop paying people for not working. Everybody complaints about the huge debt the country has but everybody wants to cut somebody else government giveaways.
Somehow someone (the President?) has to lead and convince the American people that the time has come to pay the piper (read: make sacrifices).
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
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