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Tuesday, June 19, 2012

Budget

News                                                                                                                             
Bloomberg | Fiscal-Cliff Concerns Hurting Economy as Companies Hold Back
Companies are starting to delay hiring and spending out of concern that Congress won’t reach a compromise in time to avoid automatic tax increases and budget cuts that would pull billions of dollars of purchasing power out of the economy.

Econ Comments & Analysis                                                                                            
Barrons | Watch Out!
For years, politicians and retirees could safely ignore the crisis facing America's Social Security system. The problems lay in a distant, hazy future, far beyond the next Election Day and the next round of golf. That is now changing; the ground is starting to shake.