Although we have entered the New Year without a fiscal cliff
thus far, it is starting to feel like a SWAT standoff until March. With little movement from both Republicans
and Democrats, compromises are a must in order to move forward. Since many of us have already noticed less in
our paychecks from an increase in payroll taxes, and fuel price increases which
have remained high since Christmas due to economic uncertainty, resolving this
quickly is a must.
Like a hostage in a Congressional Standoff, We the People
must demand a resolution. With economic
uncertainty, people quit spending money, which will drive companies out of
business, and not stimulate growth, but cause stagnant or negative growth which
could lead us into another recession, which Americans Can Not Afford. With many Americans having already depleted
much of their savings to get by over the past few years, unemployment figures
still high, and the economy not completely recouped from the recession, We Must
Find a Resolution.
Even the best of hostage negotiators use compromises to
defuse a situation, which could be a lesson for Congressional Leaders, but
since it appears many of them care more about being re-elected than what is
best for the MAJORITY of the population, it could be an insurmountable dilemma
if it is not resolved with swiftness.
In the final month of 2012 when retailers count on a
significant amount of income brought in by Holiday Sales, in order to sustain
through the slow times of the year, they saw the smallest increase in Holiday
Sales they have seen since 2008. Since
the boom is calculated from Black Friday through Christmas Eve, and can
represent 20-40% of some companies annual sales, its importance is extremely relevant
for future growth and financial future.
Although retailers overall showed a 4.5% increase in the Holiday Season,
with Target whom is the nations second largest retailer reported that sales
were flat from last year, and consumer spending was only up .7% according to
SpendingPulse.
With more than 25% of all Americans tied to retail in some
fashion, one can only hope a backlash from the Holiday Season shortfall has a
minimal economic impact. Although those
of us in the manufacturing industry saw increases in production in the forth
quarter of 2012, we pray it is not short lived by the economic uncertainty
caused by congressional leaders.
Regardless of political view, a solution to the problem is being
demanded by the people, yet they continue to wave at us with their middle
finger. In an effort to make a
difference, I personally vow to punish those whom we elect to make decisions on
our behalf, when their terms expire and are up for re-election. Warren Buffet recently made a public
statement how he could end the deficit in 5 minutes, by passing a law that says
any time the deficit exceeds GDP by 3% all
sitting members of Congress are in-eligible for re-election, which would
DEFINITIELY Resolve many issues, but the likeliness of that happening is not
likely. Therefore, we MUST count on the
Men and Women of Congress to work rapidly together to create and vote an
acceptable solution into law to ease the economic uncertainty of the great
nation we call The United States of America.
Since the United States of
America is populated by more than 312.8
million people according to the 2012 census and there are only 535 Men and
Women of Congress, it is time we as Americans DEMAND a resolution. Although they are guaranteed a paycheck while
elected with a pension and medical benefits for life, we the taxpayers, manufactures,
retailers, construction trades, technology industries, automobile industry, hospitality
industries, etc NEED ECONOMIC CERTAINTY, NOT UNCERTAINTY in order for
businesses to flourish and provide jobs to the MAJORITY of the U.S.
population. Instead of holding Americans
hostage while Congress fumbles with personal and narrow minded visions, make
some compromises so a solution can be made and the lives of Americans can be
taken off hold, and rejuvenate strength within the U.S. Economy. We are counting on you Congress (Hostage Negotiators)
to talk out a solution. We can not afford a recession caused by lack of
compromise from elected officials. As a
Fiscal Cliff still looms over our heads for March, it is only with your
laborious task that a solution be made to avoid such disaster.
Resources:
> http://www.nytimes.com/2013/01/04/business/retailers-post-4-5-increase-in-december-sales.html?_r=0
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