armageddon

Economic Armageddon

Economic Armageddon

First there was the debt-ceiling crisis. Then the “fiscal cliff.” Now it’s the “sequester.” While Congress averted the first two crises, it looks like lawmakers do not have a way out of the automatic spending cuts poised to hit Friday — at least not yet. But are they really as bad as the Obama administration says? Republican lawmakers, while acknowledging the wh... »