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  1. DH, I’m not sure if there’s an award for getting to the quarter-century mark; there’s probably an entry on the matter in cobblehiller’s non-existent, largely unclear, very long PLUSA manual!

    Mopar, just saw your post re: Sycamore ivy-covered wall on the Wednesday links thread. Yes, come on down for a visit!

  2. Recessions have little to do with which party is in office, although some measures can make them more or less severe. Interest rates are set independently.
    The government as a whole can of course vary tax rates and spending levels but: 1) the president can’t do that alone, 2) the states often offset the good work done at the federal level (what happened with the Bush tax cuts) 3) the effects tend to be played out over more than a four year cycle.

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