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Politics of Fear Alive and Well

"President Barack Obama says the recession will turn into a "catastrophe" if the economic stimulus is not passed quickly."
 
 
I can remember an economic stimulus bill from a few months ago that had to be passed on a Friday to avert a disaster.  The bill did not pass that Friday and no disaster occurred.  Even after the bill passed, the credit markets did not miraculously open up.
 
I thought we were done with the Politics of Fear.  It appears that it is alive and well.
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