- Fed’s Fisher says he sees ‘maximum uncertainty’ on US fiscal policy
- Says elected officials ‘afraid’ to make decisions
Let me clear it up. The US will do what it has always done, wait until the last minute and then kick the can down the road. No US politician is crazy enough to raise taxes in this environment, deficits be damned.
Update: DJ is now reporting that he has reaffirmed his opposition to QE3, no surprise there.