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November 14th, 2012
10:07 AM ET

Goldman Sachs CEO Blankfein op-ed argues higher taxes, lower spending key to America's debt problem

CNN chief business correspondent Ali Velshi looks at on Goldman Sachs CEO Lloyd Blankfein's Wall Street Journal op-ed on the the fiscal cliff.


Filed under: Fiscal cliff
soundoff (One Response)
  1. Tyrone, Schenectady,NY

    Then businesses need to compensate their employees so they have more to spend which stimulates growth. Funny how the affluent complain about 1-2% GDP, but expect employees to love the paltry 1-2 % raise which does not afford them any money to spend a the cost of living grows and wages stagnate.

    November 14, 2012 at 12:56 pm | Report abuse | Reply

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