Congress Steering US Economy Toward a fiscal Cliff

by Guest Fri Apr 27, 2012 8:22 am

Wage earners are also set to lose the payroll tax cut that expires at the end of this year. An extension of long-term unemployment benefits is also set to expire, which would further slash the amount of money flowing through the economy.

http://economywatch.msnbc.msn.com/_news/2012/04/26/11412043-congress-steering-us-economy-toward-a-fiscal-cliff?lite

by carlch Sat Apr 28, 2012 2:04 am

I'm afraid we are approaching an era of great austerity in the US coupled with weak leadership in Washington.

by Injeun Sat Apr 28, 2012 3:05 pm

Pretty scary stuff. Now, more than ever, we must try to have faith and hope.

by Guest Sat Apr 28, 2012 5:49 pm

Yes it is scary. They need to focus on the important things instead of trying to outlaw abortion, for example. They are working really hard at absolutely nothing...