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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJ.P. Morgan’s Jamie Dimon sees U.S. boom if fiscal cliff is resolved
Dimon said the U.S. could see its economy boom in just a couple of months if lawmakers on Capitol Hill and the White House resolve their disagreements over higher taxes and spending cuts known as the fiscal cliff.
The banking executive said the U.S. is poised to grow at a robust 4% and add jobs at a clip of 200,000 a month as he held out a carrot for Congress to act despite public acrimony between Democrats and Republicans.
The rest: http://blogs.marketwatch.com/thetell/2012/12/12/j-p-morgans-dimon-sees-u-s-boom-if-fiscal-cliff-is-resolved/
Autumn
(45,106 posts)Oh I know, Jamie Dimon opened his mouth and bullshit spewed out.
uponit7771
(90,347 posts)...at this point, kkkons could care less
Egalitarian Thug
(12,448 posts)I didn't think so.
No deal is far better than a bad deal.
unblock
(52,248 posts)resolved HOW?
in purely keynesian terms, the key is just how much deficit spending the economy still needs.