Murdoch: Senate Deal 'Won't Fix Economy'

Tuesday, 01 Jan 2013 10:28 AM

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Media baron Rupert Murdoch doesn't see the Senate's fiscal cliff vote early Tuesday as a victory for anybody, especially President Obama.

Indeed, he tweets, the deal overwhelmingly passed by the Senate is likely to tank the economy.

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Murdoch, who runs News Corp., tweeted that the "Fiscal cliff likely avoided with big victory for Obama. Please him, but won't fix economy. Next crisis coming later runaway inflation."

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