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	<title>America out of money &#8211; Organization for Competitive Markets</title>
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		<title>“Fiscal Cliff” Is Mostly Fiction, With A Bit of Truth Thrown In</title>
		<link>https://competitivemarkets.com/fiscal-cliff-is-mostly-fiction-with-a-bit-of-truth-thrown-in/</link>
		
		<dc:creator><![CDATA[Jacek Popiel]]></dc:creator>
		<pubDate>Fri, 16 Nov 2012 14:49:51 +0000</pubDate>
				<category><![CDATA[General Advocacy]]></category>
		<category><![CDATA[America out of money]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[fiscal cliff]]></category>
		<category><![CDATA[globalization trade and financial flows]]></category>
		<category><![CDATA[national debt ceiling]]></category>
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					<description><![CDATA[<p><img width="295" height="180" src="https://competitivemarkets.com/wp-content/uploads/2012/11/Recession-295x180.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://i0.wp.com/competitivemarkets.com/wp-content/uploads/2012/11/Recession.jpg?resize=295%2C180&amp;ssl=1 295w, https://i0.wp.com/competitivemarkets.com/wp-content/uploads/2012/11/Recession.jpg?zoom=2&amp;resize=295%2C180&amp;ssl=1 590w" sizes="(max-width: 295px) 100vw, 295px" /></p>With the election over and done the new matter at hand is the “fiscal cliff” – a dire menace now facing the nation. As in all cases where the media whip up excitement or panic one must distinguish between packaging and content. So let us address the packaging first: The issue of raising the national debt ceiling surfaced at a most inconvenient time – just as the election campaign was getting into high gear. Neither the administration nor <a href="https://competitivemarkets.com/fiscal-cliff-is-mostly-fiction-with-a-bit-of-truth-thrown-in/" class="read-more">Read More ...</a>]]></description>
		
		
		
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