Friday, January 11, 2013

fiscal cliff response

President Obama says he won’t agree to spending cuts in return for Republicans’ raising the debt ceiling.The debt ceiling ought to be raised because nobody has a plan to eliminate the deficit immediately, and there is no popular support for doing what that would take.Third, the Federal Reserve should pledge to hold nominal income growth steady, since that would counteract any shock to consumer confidence.As Russ K has said in the past, the danger posed by the fiscal cliff is not solely whether we go over the side or not – it also matters what shape our economy is in before the plunge. Last week’s jobs report may have seemed like good news for the latter, but unfortunately a closer look at the numbers revealed a mixed. The Indy Star reported that a recent poll showed Hoosiers were evenly split on the issue of marriage with 45 percent favoring same sex marriage and 45 percent opposing it. That is a big step forward for this state.it conducted my research by using google and the tools on it.i searched it by the last hour and i have found articles that have showed me the recent fiscal cliffs.the most helpful was using the most resent knowlege of the fiscal cliffs and showed me republicans and democratics. the urls i used was http://www.journalgazette.net/article/20130111/EDIT05/301119988/1147/EDIT07

http://isharesblog.com/fiscal-cliff-watch?cmp=Broad_Blog_Fiscal%20Cliff&chn=PPC&c=Google&kw=the%20fiscal%20cliff&gclid=CPyl2Iz237QCFeGDQgoduzkA5w

http://indydemocrat.blogspot.com/

http://www.journalgazette.net/article/20130111/EDIT05/301119988/1147/EDIT07