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What Should the New Congress Do First?

The biggest issues for the incoming Congress:

On the domestic front: deciding how to handle the growing and dangerous national debt

In the international arena: deciding how to handle the China relationship that seeps into so many other international challenges (for example, commodities, relations between North and South Korea, arms support for Iran and her allies, trade, currency, global growth, et al.)

Almost everything else pales in comparison to those two matters …unless a big exogenous event occurs.

2011-01-05 00:00:00

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