Summary - Owners and developers–threatened by a looming recession and escalating interest rates–may be faced with suspending or abandoning a project, which may present.
which christie was running it over the past months, has kicked into high gear. there was a transition team going on, but donald trump said, look, i m not thinking about it. i m superstitious, i don t want to talk about it and think about it. there are well-documented clashes between chris christie and jared kushner, they do not have a good relationship. jared kushner is playing a large role in what is going on with donald trump s burgeoning administration. we don t know the answer to a lot of the questions. he said he would have his children run the business. at other times he said it would be a blind trust. there s so much we don t know. what we do know is that the thing that he said about obamacare, about the piece of obamacare that he likes, that he hadn t said before, is consistent honestly with the populous message he ran on, which was preserving entitlements. generally speaking over the course of his life he has been something of a big government guy. he talks about it in spe
does keep the economy going and when you cut that much spending all at once abruptly you create a shock to the economy and that is dangerous and there are economists that say it could send us into recession again. it is not going to happen immediately on january 1st is their point. the alternative perspective is if you believe in preserving entitlements, social security, an eventual deal, a real deal, how much different would it really look from what is on the table with the fiscal cliff? that s a good question. let me read to you what congressman peter difazoo told politico. if the republicans can t see their way to significant additional revenues target to the people who are best off and passive income and other things like that, then we re better off going over the cliff and readdressing this with a better congress in january so then i guess the question becomes will things be much different with this different congress if the leaders are the same.