In the coming months, rhetorical promises will increase and the likelihood of action to protect the economy will decrease. Congress and the president are headed into the election season without a plan to avert what has been deemed “the fiscal cliff,” which, according to a number of sources, may be behind the slow hiring and faltering recovery.
Cuts to the defense budget could mean trouble for lawmakers from districts with lots of defense-related jobs. Can we afford to pick and choose cuts? Plus, will the recent weak jobs report pressure Congress to take more action in the upcoming election?