Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Analysis: Obama could risk going over 'cliff'

It may be just bravado or bargaining strategy, but the White House, President Obama signal to let countries, "fiscal cliff," tough negotiation strategy, the purpose is to win concessions, republican tax.
If Washington really can't avoid the upcoming series of tax increases and spending cuts, the White House will shape the republican adhere to the protection for the rich in the tax cuts, laid the foundation to management, now the gangsters.
"This is a choice of republicans, said:" Dan fe Buddha, the White House communications director. "If they are willing to do higher prices on the rich, there are many things we can talk about. If not, then they will push us to cliff."
However, in the cliffs, also will be sufficient for break feed re-election of the President and at least more than two years of time division government the risks.
Over a year without trading may stir the financial markets, and weaken the consumer confidence, just with economic strengthen. This may make it difficult to Obama get republican help, in his second term of priorities, such as the maintenance of the immigration system and national tax code, or potential acquisition cabinet alternative confirmed.
This will mark the country's presidential election GOP "fever" will break him his prediction is a daydream.
The house of representatives speaker John boehner said, Obama is playing a dangerous game. The speaker said: "if the President really want to keep the economy in fiscal cliff, he didn't do anything to prove it,".
The White House adviser said, President bush wants to avoid going to the next year no tax and spending deal, a scheme, they say will hurt the economy. But as a postelection negotiations with republican signs of progress, government officials strengthen they warn that Obama will take such a risk, if the republicans refused to give up its opposition to increase taxes to family with an income of over $250000.
Of course, the White House warned that may be bravado, provide the belief, the republicans won't shrink back taxes, unless they believe Obama is willing to cliff.
The White House says, Mr Obama's position is determined by the tax rate increased by 2% of the richest people in the United States economy. Saddle national debt can't afford to continue with George w. bush era of tax cuts, President bush and his advisers think.
This kind of circumstance, barack Obama has former republican shrink back at the last stage of the negotiations. But this time, President bush and his team believe that they hold political influence.
There is some evidence that, in order to strengthen this concept. Tax is a core of the presidential campaign, barack Obama promised an end to the bush tax cuts the richest americans, they in the 1990 s, when the rapid economic development, and returns the interest rate to run on.
Exit polls showed that 60% of voters to support this position, even higher than the proportion of support for Obama's re-election.
A new public opinion polls show that a majority of americans will accuse the republican government fiscal cliff. Only 27% of respondents said they will be accused Obama, 53% of people said they would pointing at the republican comparison, according to the "Washington post" pew research center to vote.
In order to consolidate the impression, the White House casting republicans would be willing to give up middle class in order to protection ratio is low, for wealthy americans tax cuts. If the parties fail to reach an agreement, the price of all income levels in the end of this year.
In turn, the republicans say, Obama like a stubborn party sent the economy is in danger, in order to get his way.
"My feeling is that, before the ministry of finance and the White House officials George w. bush under the leadership of President, Mr Rato said:" the White House wants to go on a cliff. "This may be the only way out, they get what they want the price."
The President and congressional republicans, the relationship between the in the cliff may mark a new low. Although the dispute as early as in Obama's first term more than government funding and improve the state of the edge of the borrowing limit, both sides can reach an agreement.
Obama's campaign re-election, he tried to voters tired of Washington's argument, and things will be better, if he won a second term.
In June supporters, he said, "I believe that if we succeed in this election - when we in this election success -, fever may break."
"I hope, I hope is, in the elections, now, its original goal is to beat barack Obama and not too big significance, because I didn't run again, we can start again got some cooperation," he added optimistically said.




Other News:
Analysis: Obama could risk going over 'cliff'
India grew by 5.3%, stay in 3 years minimum
Duke Energy CEO to leave in NC merger settlement
Deal reached to end costly strike at LA ports
GOP plan would raise Medicare age, lower Social Security COLAs
San Diego approval agreement options
Suspect in fatal NYC subway push implicates self
Singapore collect rare strike organizers