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Politicians have continued to push the debt away from consumers to buy votes on both sides of the isle, corporate america is now paying for that and they are the ones who will dictate when this economy gets back on track. Yes consumer spending drives the economy but if consumers dont have jobs or their tax bills are through the roof and if they cant afford the goods that corporations are increasing the prices on then we are in a slow downward spiral.
I completely understand what Obama was counting on but he made enemies of big corporations and you cant do that without some blow back, he is feeling it now.
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