Chart Of The Day: The Fiscal Cliff For The Rest Of Us

Discussion in 'Economy' started by Mad Scientist, Nov 14, 2012.

  1. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    From ZeroHedge:
    Chart Of The Day: The Fiscal Cliff For The Rest Of Us | ZeroHedge
    You see the Tax Hikes compared to the Spending cuts?
    Tax Hikes: 388 Billion
    Spending Cuts: 163 Billion
    Unemployment could reach 9.1%!

    Lol wut? :lol:
     

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Small businesses still slightly down on economy...
    :eusa_eh:
    Small businesses remain pessimistic about economy
    11/13/12 - Small businesses became slightly optimistic last month, but still remain largely down on the state of the economy, an industry index said Tuesday.
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    November 14, 2012 — Ethiopia is winning the battle against the tsetse fly, using what officials say is safe nuclear technology.
     
    Last edited: Nov 15, 2012
  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says Obama gonna make dem politicians earn dey's pay...
    :eusa_shifty:
    Fiscal cliff: Optimism between Obama and Congress leaders
    16 November 2012 - President Obama tells congressional leaders they must do the work the American people expect them to do
    See also:

    Go Over the Cliff? May Be Best Thing
    11/16/12 --- This year's stock market strength was caused by the continued anticipation of additional Federal Reserve Quantitative Easing programs. When it came to QE3 I thought the market had rallied too far too fast and opined that this anticipation was factored in by mid-September.
     
    Last edited: Nov 17, 2012
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Time to get out the track shoes & get ready to do some jumpin'...
    :eusa_eh:
    Fiscal cliff negotiators are facing high hurdles
    Nov 18,`12 WASHINGTON (AP) -- It's entirely possible that lawmakers and the White House will reach a deal that staves off an avalanche of tax increases and deep cuts in government programs before a Jan. 1 deadline. To do so, however, they'll have to resolve deep political and fiscal disagreements that have stymied them time after time despite repeated promises to overcome them.
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    Any Deal Must Increase Tax Rates; Majority of House Has Pledged Not To
    November 18, 2012 - House Minority Leader Nancy Pelosi (D.-Calif.) said on ABC’s “This Week” on Sunday that there can be no deal to avert the so-called “fiscal cliff” the federal government faces at the end of the year unless congressional Republicans agree to increase income-tax rates on higher income earners.
     
    Last edited: Nov 18, 2012
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dat's right - put `em all onna same bus an' drive it right over the cliff...
    :eusa_eh:
    Michael Moore to Obama: ‘Drive the Rich Right Off Their Fiscal Cliff'
    November 20, 2012 – In an “open letter” to the president, liberal filmmaker Michael Moore urges President Obama to "get some fight" and offers a list of items for Obama to tackle in his second term.

     
  6. The Rabbi
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    The Rabbi Diamond Member

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    Granny sez they done made their bed, let them lie in it.
     
  7. waltky
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    waltky Wise ol' monkey Supporting Member

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    Leon Panetta cussin' an' discussin' the fiscal cliff...
    :eusa_eh:
    Panetta on Fiscal Cliff: Kicking the Can Down the Road Is the ‘Last Damn Thing I Need’
    November 26, 2012 – Defense Secretary Leon Panetta said last week that the last thing he needs is for Congress to “kick the can down the road” on dealing with the fiscal cliff.
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    INFLUENCE GAME: Tax them, not us, groups say
    November 26, 2012 WASHINGTON (AP) — A big coalition of business groups says there must be give-and-take in the negotiations to avoid the "fiscal cliff" of massive tax increases and spending cuts. But raising tax rates — a White House priority — is out of the question, the group adds.
     
    Last edited: Nov 26, 2012

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