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Five Takeaways from the Debt-Ceiling Debate

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U.S. Capitol BuildingAs the debt-ceiling discussion winds down in Washington and everyone laments over the meaning and mutual downside of compromise, our attention should start to turn to a more frightening problem — the economy is not growing.

Sure, default is off the table now. But the backdrop is negative, and all the hope in the world doesn’t change the math. As Jim Cramer of CNBC says, “Hope is never a strategy.”

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Five Takeaways from the Debt-Ceiling Debate originally appeared on DailyFinance.com on 2011-08-02T14:30:00Z.

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