OVERCOMING THE DANGERS OF THE FISCAL CLIFF.
It can be achieved through a united front.
The scope of the Fiscal Cliff is so humongous, it frightens economic analysts and politicians so much so that another recession will be unavoidable, if lawmakers refuse to reach a compromise on it before its January deadline next year.
It will bring in its train all forms of tax increases that will decimate the fragile economy being experienced at present, and cause the recovery it (economy) has made so far from the previous recession to be child's play.
That is why the public is urging President Barack Obama and Speaker of the United States House of Representatives John Boehner to come together and find a solution to the crisis that the country is about to face.
The stoicism and grandstanding must give way to cooperation and understanding; and that political ideology on both sides must not be set in cement, so that there will be room for compromise, which has become a none-existing commodity in Washington, D.C., in recent years.
President Obama, who has been reelected only three days ago will be focusing on the economy, and it is hopeful that his tone will be one of leadership, inclusion and bi-partisanship to ensure that the bickering and gridlocks of the past between Democrats and Republicans in the U.S. Congress are not going to be repeated, in order to bring relief for all Americans.
In other words, the president's first official statement, after a grueling campaign between himself and his Republican opponent, Mitt Romney, will be designed to usher in hope and prosperity in the future for the country.
"The 1:05 p.m. ET statement in the East Room will serve as an opportunity to address some of the big issues that Washington will tackle in the next few months - including staving off the so-called fiscal cliff - and to outline his priorities moving forward." says an article on CNN Internet page this morning, (11/09/12).
Adding that, .... An official schedule released by the White House Thursday said the statement would address "the action we need to take to keep our economy growing and reduce our deficit." thus laying out a specific format to deal with the country's fiscal condition.
Again, the real hope is that he will sound promising and inviting, for a genuine response of unity to emerge from the other side of the aisle, leading to a common ground to target and redeem the country from its financial woes.
As the outcome of the Fiscal Cliff will be detrimental to the future of the economy, if it is allowed to occur, there will be no fixation on ideas that will separate a Democratic government and a Republican opposition from reaching an agreement to avert its occurrence.
In other words, however complicated and cumbersome the financial crisis is, there will be a way to handle it in an amicable fashion; and that the division and disagreements that have been present in previous talks, will be shoved aside for the betterment of the nation.
"One nation and indivisible, under God.", as the pledge of allegiance to the flag of the U.S. says.
The dangers of the Fiscal Cliff will be overcome, if the nation's leaders will only put their heads together.
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