Some political analysts argue that the issue is unlikely to gain any traction before then, especially if concerns over the near 10 percent unemployment rate and health care continue to dominate the political agenda.

VOA: standard.2010.03.21

Political opponents accused the Working Families Party of running Data and Field Services as a cut-rate political consultancy for its candidates, essentially giving those contenders an in-kind campaign contribution without disclosing it to the public.

WSJ: Working Families Party Officials Served With Subpoenas

That would produce a huge burst of revenue. (Capital gains doubled in the second half of 1986 once it became clear that the Tax Reform Act was going to raise rates starting in 1987 as people sped up realizations to avoid the pending rate increase.) Pete acknowledges that this would work, but sees no political prospect for a rate increase in the House.

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An optimal currency area would require convergence on monetary, fiscal, exchange rate, and political policies, which in turn would lead to productivity and growth rate convergence, explained Roubini.

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