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I dont think that the spending cuts will be as significant headwinds for the u. S. Economy because these spending cuts are made over ten year period. There wont be a significant amount of spending cuts that will take place in 2013, so thats why i think its less of an issue. Reporter still, theres ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. Dont forget all americans will see a smaller paycheck this year, because of that change. Consumers arent well poised to absorb a 2 tax increase and nonetheless thats whats going to happen, and its going to keep us stuck in this slow growth territory. Reporter and, slow Economic Growth makes Companies Less confident about adding new workers. As a result, it is widely predicted that this year will be another period of only modest hiring. My expectation is that well probably see ....
I dont think that the spending cuts will be as significant headwinds for the u. S. Economy because these spending cuts are made over ten year period. There wont be a significant amount of spending cuts that will take place in 2013, so thats why i think its less of an issue. Reporter still, theres ample concern about what the expiration of the payroll tax cut will mean for spending and ultimately hiring. Dont forget all americans will see a smaller paycheck this year, because of that change. Consumers arent well poised to absorb a 2 tax increase and nonetheless thats whats going to happen, and its going to keep us stuck in this slow growth territory. Reporter and, slow Economic Growth makes Companies Less confident about adding new workers. As a result, it is widely predicted that this year will be another period of only modest hiring. My expectation is that well probably see ....