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Mark Smith
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Government actions are a third key unknown. Not only must the transition to President-elect Barack Obama’s administration be factored into the 2009 outlook, but significant revisions were already being made to measures put in place by the current office holders. The ink on the $700 billion “Emergency Economic Stabilization Act of 2008” barely had time to dry before Treasury Secretary Henry Paulson announced a major change in how the money would be used.
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Mark Smith
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