Commercial Printing Outlook : New Year, Similar Outlook
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Mark Smith
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No Quick Fix to Problems
Paparozzi says people need to have realistic expectations. Since it took years to create the excesses that caused the Great Recession, it will take years to correct them. With both political parties already in election mode and embracing the risky strategy of getting reelected by blaming the other party, he doesn’t expect to see help coming out of Washington unless the stock market collapses. “Remember, they (Congress and the White House) didn’t pass TARP until the market fell nearly 800 points.”
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