RT: “The fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of whackers and bankers who are manipulating the system day in and day out destroying the economy,” Keiser said of the US economy. Live from the […]
Poor Would Be First to Barrel Over Fiscal Cliff Story tools New America Media, Commentary, Earl Ofari Hutchinson, Posted: Dec 27, 2012 LOS ANGELES–President Obama took much heat a year ago when he floated a series of proposed budget cuts that would have slashed programs for the poor. The cuts would have reduced funding […]
Consumer confidence took a dive in December, dragged down by fears that the country will indeed fall over the fiscal cliff. The closely watched Consumer Confidence Index, which measures the American public’s sentiments every month, sank six points to 65.1. That signals a major turnaround since October, when the index […]
The American economy could finally have a pretty good year next year — assuming Washington does its part. Economists see a number of sources of underlying strength in the economy, but for the growth to gain traction, they say, political leaders need to avoid the broad tax increases and spending […]