PeakTrader.com

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PeakTrader said...

The Republicans could learned from the Chinese:

"Every battle is won before it is fought....." - Sun Tzu, The Art of War.

The Republicans should've began their position with a $400 billion spending cut, a $400 billion tax cut (for all workers and Social Security recipients), and extensive deregulation, over a year, to raise the debt limit.

They would've taken the initiative, about stimulating the economy and creating jobs, and could've compromised.

Instead, they gave the initiative to Obama, to reduce debt, and will look uncompromising trying to get spending cuts without tax hikes.