The Forum > Article Comments > America on the edge of a fiscal cliff > Comments
America on the edge of a fiscal cliff : Comments
By Brendon O'Connor, published 14/11/2012Washington's politicians are involved in a game of policy chicken that could have devastating results not only for America - but for the world.
- Pages:
-
- 1
- Page 2
- 3
-
- All
Posted by Ralph Bennett, Wednesday, 14 November 2012 5:15:51 PM
| |
Which is just one more reason why we should not rely on America, but ensure that everything we truly need can be produced locally in Australia.
Posted by Yuyutsu, Wednesday, 14 November 2012 11:45:13 PM
| |
Kipp
I never said nor believed that GWB was the best thing to come out of the United States since peanut butter and jelly sandwiches. Nor do I support the handouts (by GWB and BHO) to investment bankers who hold that profits are to be privatized while losses are to be socialized. What I am drawing attention to is that the guy who promised Hope 'n Change has had 4 years to improve the lot of American working families and he has failed. Economically speaking Americans have gone backwards. Instead of Hope 'n Change he has delivered Decay 'n Despair. Posted by Jonathan J. Ariel, Friday, 16 November 2012 11:01:40 AM
| |
Not really, Jonathon. For the way things were going under George,
we were heading for a global depression, so things could have become a great deal worse. Instead, things have turned around, the Dow has doubled, energy production is up, housing is finally returning and that will employ a lot of people, consumer confidence is returning. But American corporations also continue to automate, employing less people. They also trade globally, just look all around you as those Apple, Google and the rest products are sold. They pay little tax and park their money offshore, by the trillion. That does not help the US treasury. Posted by Yabby, Friday, 16 November 2012 11:23:49 AM
| |
Jonathan,
I wonder how Obama's objectives would have fared if he hadn't been constrained with George W. Bush's left-over mess - or without the constraints of Republicans in Congress? Here's a little of Romney's sour grapes in the wake of the election. http://www.abc.net.au/news/2012-11-15/romney-breaks-silence-in-bitter-broadside-atobama/4373674 Fancy Obama attempting to install a decent healthcare system in America....Romney thinks that's an unfair tactic...... Posted by Poirot, Friday, 16 November 2012 11:27:08 AM
| |
"Instead of Hope 'n Change he has delivered Decay 'n Despair."
Yes, and despite all that non-partisan help he was given by the Republicans as well, what an ungrateful SOB. Posted by Bugsy, Friday, 16 November 2012 11:28:29 AM
|
This adds to economic and environmental woes on an enormous, compounding scale.
No hope, if stabilisation is not pursued.
Happy to debate any refutations,
Best regards,
Ralph