Now that the U.S. economy is no longer staring into the abyss, inflation concerns should be discussed.

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McCain, the top Republican on the Armed Services Committee and a leading advocate of last year's troop increase, said the United States is no longer "staring into the abyss of defeat" as a result.

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But from a business perspective, it usually requires staring into the abyss of post-deadline realities before 2 opposing parties with a history of mistrust and disdain ultimately do the right thing for the product they represent.

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An Associated Press article this week notes that the city of Newark, NJ, staring into a budget abyss, sold 16 city buildings to developers and investors, including the Newark Symphony Hall and police and fire headquarters.

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