Friday, October 26, 2012

We're Already Feeling the Fiscal Cliff - Report says threat has cost US 1M jobs this year

http://www.newser.com/story/156488/were-already-feeling-the-fiscal-cliff.html

could it be they are not lost but living well and underpaid in China and India?


What is the president's role as chief legislator

wiki.answers.com › ... › History › US History › US Presidents
Answer: The US president is not actually a legislator or lawmaker-- legislation is chiefly the job of Congress. The president can propose laws and has ways to ...
once again the here comes the mislead
Newser) – We're not supposed to go over the "fiscal cliff"—an array of budget cuts and tax hikes that could cut $500 billion out of the economy—until January. But the US is already feeling the effects of the impending budget uncertainty, a report by the National Association of Manufacturers finds. It says 1 million jobs have been lost this year as companies retrench in advance, reports the Washington Post, and it warns things will get worse if lawmakers fail to find agreement: Unemployment up to almost 12%, six million jobs eliminated through 2014. (The CBO has a less direforecast.)businesses and consumers are still worried," notes the analyst who organized the report. In fact, "we’ve probably already lost 0.5% of GDP growth in 2012, just from the fiscal cliff hovering over our heads." Still, a glimmer of hope: 80 top CEOs yesterday said they'd accept higher taxes alongside spending cuts in an effort to cut the debt, thus pointing the way toward a potential deal to avoid the cliff.
notice the article puts the ball in the congress's court 
"and it warns things will get worse if lawmakers fail to find agreement". 
 but they will try and shift the blame to the Pres. feeling that hmmmmmm yet?
and all this time you have been blaming the Pres. for those some of us put in office 2010 behind a wall of lies not a job yet by them, you want to get the buget down hire people in congress that will actually do something.