While time marches on the President’s staff is meeting with Speaker Boehner‘s staff. Some reports are hopeful and some say no progress has been made. We have only 31 days left before massive fiscal changes start as we go over the cliff, or slope or curb. One is comforted by the fact that Congress can pass laws retroactively to reverse “going over the cliff,” but can one undo the damage that could occur in financial markets that are so fearful and reactionary? Consumer confidence is growing but business owners are still reluctant to create jobs, begin capital improvements, etc. President Obama has said there will be no “fiscal cliff” but one wonders if this December 31 will be full of drama like the last two. Have you applied pressure to your federal officials like the President asked? Keep piling on. They are slow to be convinced to do the right thing.
Official portrait of United States House Speaker (R-Ohio). (Photo credit: Wikipedia)
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