Share on Google Plus Share on Twitter 2 Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (3 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   1 comment

A Million Jobs at Stake With Sequester -

Quicklink submitted by Susan Lee Schwartz     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It Headlined to H3 2/5/13

"...beginning at the end of this month, more than a million jobs will start to disappear because of a mindless government austerity program that no one in Washington seems able to stop...the effect of the coming sequester was already evident in last week's announcement that the economy actually contracted during the final quarter of 2012... With the economy teetering on a knife edge, it is clear that this is the worst moment to initiate an indiscriminate budget cut. Government spending at this time can spell the difference between growth and shrinkage. ..Republicans have repeatedly voted to replace the defense cuts with more domestic cuts, but the overall impact on the economy would be the same...The money could be raised by eliminating tax loopholes for energy companies, hedge fund managers and other high-end recipients of federal largess, but Republicans won't even consider the idea. "

Read the rest of the story HERE:


- Advertisement -
- Advertisement -



The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
All this drama so that Obama will cut all spending... by Gail Harrison on Tuesday, Feb 5, 2013 at 8:42:14 PM