Fiscal Cliff
Posted: Fri Dec 28, 2012 5:48 pm
President Barack Obama and congressional leaders were to meet on Friday for the first time since November with no sign of progress in resolving their differences over the federal budget and low expectations for a fiscal cliff deal before Jan. 1.
Instead, members of Congress are increasingly looking at the period immediately after the Dec. 31 deadline to come up with a retroactive fix to avoid the steep tax hikes and sharp spending cuts that economists have said could plunge the country into another recession.
IMHO President Obama is (a) a terrible leader or (b) he actually wants the country to go over the Fiscal Cliff. I actually hope the answer is (a) since the thought that our president wants the country to go back into recession is a frightening concept.
One sign that someone is a bad leader is that their company, organization, team, etc. is always in "crisis mode". Good Leaders anticipate problems and deal with them before they become a crisis.
Instead, members of Congress are increasingly looking at the period immediately after the Dec. 31 deadline to come up with a retroactive fix to avoid the steep tax hikes and sharp spending cuts that economists have said could plunge the country into another recession.
IMHO President Obama is (a) a terrible leader or (b) he actually wants the country to go over the Fiscal Cliff. I actually hope the answer is (a) since the thought that our president wants the country to go back into recession is a frightening concept.
One sign that someone is a bad leader is that their company, organization, team, etc. is always in "crisis mode". Good Leaders anticipate problems and deal with them before they become a crisis.