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Will be automatic savage cuts and brittle tax rises. Neither side is budging much. It is very hard for them to say yes to me. At some point, they have got to take me out of it and think about their voters. Four weeks, the white house said that if i move on rates, they would make substantial concessions on spending cuts and entitlement reform. I did my part. They have done nothing. It would mean automatic spending cuts worth more than a trillion dollars. Taxes for the average household would go up by about three and a half thousand dollars. Most economists say the u. S. Would be put back into recession and Global Growth could be halved. The u. S. Defense budget alone would face a cut of 500 billion. Companies like aircraft manufacturers are very nervous. This is already hurting business. This is a confidence detractor. And do i really have the confidence to make an investment when i know little about just our uncertainty, but where this is going . It is not just the big boys that worry

New yorkUnited statesDistrict of columbiaComunidad autonoma de catalunaDaniel tigerLos angelesKatie langRichard king mellonArthur vining davisJeff buckleyHillary clintonLeonard cohenSay yesWhite houseGlobal growthBig boys