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Woodward On Going Over Fiscal Cliff: "Presidents Own Recessions"

Bob Woodward: This does real damage to the economy and to millions of people -- going over the cliff. This is not an abstraction; you could begin a recession. And Senator Durbin's idea, and the polls support him, that the Republicans will own this recession, will last about one month. Because Presidents own recessions. President own dramatic improvements in things. We live in the Obama Era, not the John Boehner era.

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