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ArtikelGive us a brake; Business and America's fiscal cliff  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 405 no. 8805 (Oct. 2012), page 71-72.
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.73
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Isi artikelSome perils are easier to dodge than others. A helicopter equipped with Honeywell's latest safety system can spot danger through dense cloud. It can even spot hazards that don't yet exist. If the pilot flies towards the top storeys of New York's Freedom Tower--which have not yet been built--the control panel flashes red and warns him to change course. America's fiscal peril is easy to see, but the pilots are squabbling over the controls while the economy hurtles towards disaster. At the beginning of next year federal tax increases and spending cuts equivalent to about 5% of GDP will automatically come into force. America will go over this "fiscal cliff" unless Democrats and Republicans in Congress agree on a deal to avoid it. So far, they show little sign of agreeing on anything except that the other side is to blame for their failure to compromise.
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