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View Diary: MUST READ: Nate Silver's Price Is Right Theory (197 comments)

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  •  I think you're missing the main point (1+ / 0-)
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    which is that $800B or whatever will NOT be the final number but to get to whatever the desired final number is (let's say $1.2T) through the Senate you have to start by asking for $800B and then work your way up. If you start off by asking for $1.2T you have no way to go but down. Of course this is just speculation. Nobody outside of Obama's team knows the real plan but obviously they can't come out and say the real plan is $1.2T because that would undermine the whole strategy. Is it possible that he really wants $800b with 40% tax cuts? Sure. But his comments about this just being a starting point and that the package might end up being larger is an indication that he might have something else in mind. Nate's theory picks up on that and explains why such a strategy might work.  

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