Quantum Windbag
Gold Member
- May 9, 2010
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He gives a speech, talks about balanced approach, gives no details, and plans a victory lap in Asia.
Obama 'Fiscal Cliff' Speech: Americans Agree With My Approach On Deficit
Obama heads to Asia amid looming fear of “Fiscal Cliff” - NYPOST.com
President Barack Obama, laying down his marker for grueling "fiscal cliff" negotiations, said Friday he won't accept any approach to federal deficit reduction that doesn't ask the wealthy to pay more in taxes. "This was a central question during the election," Obama said in his first postelection comments on the economy. "The majority of Americans agree with my approach."
Obama 'Fiscal Cliff' Speech: Americans Agree With My Approach On Deficit
But those tense negotiations wont interfere with Obamas boarding Air Force One for a three-day tour of Bangkok, Rangoon and Phnom Penh.
Along the way, hell meet with Thai Prime Minister Yingluck Shinawatra to mark 180 years of diplomatic relations, chat with Burmese dissident Aung San Suu Kyi and attend the East Asia Summit in Cambodia. He takes off Nov. 17.
Meanwhile, the nonpartisan Congressional Budget Office released a report highlighting the economic shock that awaits America. The automatic spending cuts and tax increase will shrink the already anemic economy by 0.5 percent and cause the jobless rate to spike to 9.1 percent, the report predicted.
Obama heads to Asia amid looming fear of “Fiscal Cliff” - NYPOST.com