Hong Kong and Japan gave up its gains. European markets are falling hard. I suspect this has to to with the prospects of Obammi raising taxes, which would hurt the economy. I guarantee Obammi will not raise taxes because that would be a disastrous political move. Geither messed up by even hinting at tax hikes. whooops
Democrats not raising taxes? You're a fool! I suppose you don't think they're going to increase spending also, huh? Were you born yesterday?
If I had to wager Obammi won't raise taxes. Too savvy. This rhetoric was a just a trial balloon which was shot down by the media. As deficits....they don't matter. USA cant ever default.