Biotech Values

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>>So while Obama hopes his "tax the rich" policy will cover his new plans they won't even come close. The tax the rich policy very well could pay for his yearly rebate program but that leaves his education and healthcare programs unfunded. He'll need to produce another "bad guy" and go after them.<<

Obama may be faced with the same sort of situation that Clinton faced when he took office. Out of control deficits from too much spending by the previous administration. His response may be the same. Give up on most grandiose plans and cut spending to reduce the deficit and thereby lower interest rates.

If history repeats we might hope for a positive market response in a few years and surpluses by ~2014 ...

A couple decades ago, the Democrats deserved their bad rap of spending too much. But since then, it has been the Republicans who have spent too much - and then left horrible financial messes for the Democrats to clean up.

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