a deal doesn t get cut. broader discussions probably with tax reform and reforming entitlements and then hopefully i think for the sake of all of us who perhaps are a little concerned about all the focus on fiscal stuff, will move on to domestic matters and gun control and immigration reform as well. a quick prediction from you, noam? i think the debt limit thing will loom very large. my prediction is they do something that resolves it for a year or two, but that makes it more dangerous going forward for democrats. thanks to both of you. i will see you back here at 5:00 p.m. eastern for the very latest on the fiscal cliff negotiations and possibly votes. up next, meet the press, david gregory s exclusive interview with president obama. we ll keep you updated throughout the hour on any elements when it comes to the deal-making on capitol hill. ve a cold, announcer ] alka-selr plus presents the cold truth. i have a cold, and i took nyquil, but i m still stubbed up.
running out of steam. howchow much do we read into te may numbers? the white house is starting to suggest that we are in the hangover phase of the 2008 financial crisis that we had. i think the bigger question is whether or not what we aren t seeing is the consequence of the white house s policies itself right now. talk to anybody out there in the business community and what they say is uncertainty is absolutely killing us and a lot of it has been created by this administration. so, you know, trade 2k50e8s that haven t been done in years. what is going to happen to spending because if businesses say look if this deal doesn t get cut if big reforms aren t made, tax hikes are coming we have to pay them. regulations from the health bill, from the epa frrk, from e dodd frank financial regulation. and since they don t know what is coming they are not going spend money until they do capitals on strike and add in the gas prices and housing prices and this is what you get. john, is isn t j
the same metaphor to describe the economy in may. running out of steam. howchow much do we read into te may numbers? the white house is starting to suggest that we are in the hangover phase of the 2008 financial crisis that we had. i think the bigger question is whether or not what we aren t seeing is the consequence of the white house s policies itself right now. talk to anybody out there in the business community and what they say is uncertainty is absolutely killing us and a lot of it has been created by this administration. so, you know, trade 2k50e8s that haven t been done in years. what is going to happen to spending because if businesses say look if this deal doesn t get cut if big reforms aren t made, tax hikes are coming we have to pay them. regulations from the health bill, from the epa frrk, from e dodd frank financial regulation. and since they don t know what is coming they are not going spend money until they do capitals on strike and add in the gas prices and housing p
the same metaphor to describe the economy in may. running out of steam. howchow much do we read into te may numbers? the white house is starting to suggest that we are in the hangover phase of the 2008 financial crisis that we had. i think the bigger question is whether or not what we aren t seeing is the consequence of the white house s policies itself right now. talk to anybody out there in the business community and what they say is uncertainty is absolutely killing us and a lot of it has been created by this administration. so, you know, trade 2k50e8s that haven t been done in years. what is going to happen to spending because if businesses say look if this deal doesn t get cut if big reforms aren t made, tax hikes are coming we have to pay them. regulations from the health bill, from the epa frrk, from e dodd frank financial regulation. and since they don t know what is coming they are not going spend money until they do capitals on strike and add in the gas prices and housing p