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Counting the Cost - The economics of political change

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Published on Nov 10, 2012

Unemployment may be high, economic growth low, but Barack Obama has another four years leading the world's biggest economy. Challenges are clear for all to see - deficit reduction, economic growth, job creation, tax reform, energy independence and two words that scare the life out of everyone - the 'fiscal cliff'. What is next for the world's largest economies as China changes leadership and the US launches into a second Obama term?

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Top Comments

  • Beadbud5000

    Answer is simpler than we think. Let the tax cuts for the OVER 200k a year folks EXPIRE and EXTEND THE CUTS FOR those folks making less than 200k.

    · 6

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  • dreicemoney

    america picked the right president but picked the wrong congress

    · 2

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All Comments (20)

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  • kanababa theblind

    I checked this online video because I had gotten seriously concerned about the economy and had not a clue how to handle it. Money does not necessarily mean anything these days. So I decided to do a bit of analysis and found Goldiverse. I am so fortuitous, I can easily switch my personal savings from cash to several currencies, to any precious metal as soon as I want. The state can go and take a jump for all I care. Just Google or bing it Goldiverse.

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  • Kevin Town

    ....When it all goes down....When it all collapses, and everyone is left to get by anyway they know how, atleast the "Tit" will be SHUT-OFF to the corrupt elites, once & for all!

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  • GoTFCanada1230

    By "hurting them" I meant, "hurting everyone else".

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    in reply to GoTFCanada1230 (Show the comment)
  • GoTFCanada1230

    One should realize that raising the taxes on the rich could mean that rich corporations can very well outsource to other nations, hurting them in the process. Taxes have an optimal level before revenue decreases from them due to other factors. There has to be another way other than just taxes.

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  • FreeThisHerb

    No we picked the wrong president... Ron Paul should have been in office not this debt creator

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    in reply to dreicemoney (Show the comment)
  • breaks0

    Some of his group's economic speculation is plausible, even realistic. But you're right about his tactics and motivations are suspect enough to spike the creditibility of the report and his organization. He may have the right to speak, but the western govts and societies and the rest of the world shouldn't be listening, b/c it might as well be bibi talking.

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    in reply to egorka2201 (Show the comment)
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