OVERVIEW: After absorbing repeated blows in an exceptionally partisan inaugural address, Republicans seem stymied by low approval ratings and internal divisions. In fact, their agenda has prevailed on several fronts, as we detail in this morning’s Bullets. On three key issues, the Republicans should declare victory. See the full story here.
Surprise – the Deficit is Falling!
OVERVIEW: We reveal the shocking truth, that while the American public and Cassandra commentators are convinced that the federal budget deficit is surging, the exact opposite is occurring. For the markets, we’ll have spending restraint, no new taxes, moderate GDP growth, and by spring a sense of predictability on fiscal policy. See the full story here.
Fiscal Cliff Survey Results
OVERVIEW: See the results of our survey on the fiscal cliff (link below). Thanks to all who participated and shared insightful comments. As you may have noticed, the survey results got quite a bit of attention in places such as the New York Times, Politico, the Wall Street Journal , CNBC, and elsewhere – further proving our theory that DC thought leaders are interested in your opinion on these consequential issues. See the full data here.