Tag: FISCAL CLIFF
President Obama praises US ‘fiscal cliff’ deal
Barack Obama has hailed a deal reached to stave off a “fiscal cliff” of drastic taxation and spending measures as “just one step in the broader effort to strengthen the economy”. The US president was speaking after the House of Representatives passed a Senate-backed bill by 257 votes to 167. It raises taxes for the… Read More President Obama praises US ‘fiscal cliff’ deal
Fiscal Cliff: Ugh, Recession is Now More Likely
Here is a simple way to think about the political calculus of Washington’s latest twists and turns. And — unfortunately — it suggests that economic and market dislocations may be needed to get our politicians to cooperate and govern properly. A major issue from day one was the extent to which the lack of trust… Read More Fiscal Cliff: Ugh, Recession is Now More Likely
‘Fiscal Cliff’ Looms Higher for Some
I thought you might be interested in this story: ‘Fiscal Cliff’ Looms Higher for Some, http://www.nbcbayarea.com/news/local/Fiscal-Cliff-Looms-Higher-for-Some-183455661.html Sent via the NBC Bay Area Android App. Download the app https://play.google.com/store/apps/details?id=com.nbcuni.nbcots.nbcbayarea.android
The fiscal cliff and you
The fiscal cliff started to affect business decisions this fall. That’s why you saw small declines in manufacturing in Friday’s jobs report, for example. It appears to be a worry for consumers now. The University of Michigan’s latest consumer sentiment survey shows confidence dropping to a four-month low. That suggests households are concerned about a… Read More The fiscal cliff and you
Article: The ‘fiscal cliff’ and other reasons companies aren’t hiring more workers
The ‘fiscal cliff’ and other reasons companies aren’t hiring more workers http://www.nbcnews.com/business/economywatch/fiscal-cliff-other-reasons-companies-arent-hiring-more-workers-1C7357026
Kill the 401(k)?
As America hurtles toward the fiscal cliff, there’s an increasingly frantic search for ways to shore up the country’s deteriorating balance sheet. Republicans want to cut spending; Democrats would prefer to raise taxes on the wealthy. But a paper released today by Harvard and Danish researchers highlights just how much room there could be to generate more government revenue without sacrificing economic efficiency—in other words, the type… Read More Kill the 401(k)?
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