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Maybe the markets don t mind. it does feel like american households mind. you have to remember that those costs are over the course of the year. i totally agree with darren. the markets have priced in the fact that there is going to be at least a post january solution. it is not going to happen before the end of the year. from a political sfand point, i couldn t believe that they exempted medicare, medicaid and social security, that the republicans agreed to this, a deal whereby a congress that can never get anything done would have to get something done by a date certain or you were going to have these tremendous defense cuts. it is a great deal for democrats. even on the case for the cuts that would really hurt middle class people, there is an argument that republicans would be under such political pressure to redo the tax cuts they would also be able to get in putting some of that spending back into social programs. one of the thing we are running into is the problem of the rhet ....