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Mark Smith
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“What’s important in economic policy is certainty and clarity,” the economist explains. He was pleased by the number and tone of the press conferences President-Elect Obama held early on and believes the focus will remain on getting the economy healthy again.
What was missing and would be most helpful is a statement that any tax increases are “on hold” for now, Paparozzi believes. He expects other policies that increase spending to also be tabled until the economy can support them.
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