US to enter double dip recession?

Intrade doesn't think so. 

Lawrence Summers, chairman of the White House National Economic Council, predicted an increased risk of a “double dip” recession if Congress fails to pass the tax compromise.

The "Devil's Compromise" was brokered by President Barack Obama and congressional Republicans.

The White House has spent a third consecutive day defending the deal.

Rightardia thinks the white House just played the "fear card" Shame on Obama!

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