Monday, November 26, 2012

TIME TICKING AWAY ON AVERTING THE FISCAL CLIFF............

With thirty five days remaining in 2012, and the precariousness of the financial stability of the American Federal Government and the, "Fiscal Cliff", of default and sequester looming on January 1, 2013; can Republican and Democratic members of the House of Representatives and the United States Senate, and the Obama Administration White House, reach a compromise / consensus agreement of tax cuts and  new revenues to avert the daunting economic crises going over the Fiscal Cliff will cause, in a long term resolution - or will they arrive at a short term solution to halt dropping over the cliff, with a further effort pushed off until sometime next year ?  The only other option at the moment is to allow the fall off the Fiscal Cliff to happen, which no one seems to want and the adverse affect of which would surely harm our Economic Recovery and could well result in sending the American Economy back into a Recession. Governmental Leaders of all political persuasions need to do the right and responsible thing by crafting a viable compromise that can attain the bipartisan support of a majority of the members of Congress and of President Obama, as the time for politics must now give way to effectively governing for the betterment of our country over the next four years............Fr.  Troy

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