Thursday, January 3, 2013

After Fiscal Cliff Deal, 'Uncertainty' Still Bedevils Business

Those hunting for a bit of good news in the fiscal cliff deal can look to a provision repealing a long-term care program attached to ObamaCare. When the.America's economy may not be in as bad a state as Europe's, but the failures of its politicians—epitomised by this week's 11th-hour deal to avoid the calamity of the “fiscal cliff”—suggest that Washington's pattern of dysfunction is disturbinglyThe U.S. economy may have avoided falling off the fiscal cliff into a new recession, but it is still going to tumble down a rocky fiscal escarpment -- and that's not so good either. The deal struck between the White House andWhile the legislation that President Obama signed into law on Tuesday night averts the worst effects of the fiscal cliff and is a step toward raising revenue needed to cut the deficit, most economists would say it is an incomplete solution at bestThe U.S. economy may have avoided falling off the fiscal cliff into a new recession, but it is still going to tumble down a rocky fiscal escarpment -- and that's not so good either. The deal struck between the White House and
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