Arthur Laffer's column in the Wall Street Journal today explains his theory that economic activity has been pulled into 2010 from 2011 to avoid the tax hikes set to occur 1/1/2011. As a result, economic activity will decrease next year, leading to a double dip recession. The stock market's recent correction may be discounting this double dip.
http://online.wsj.com/article/SB10001424052748704113504575264513748386610.html
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