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Countdown to Sequestration: Obama Puts Heat on Governors

HarryReidsRichLegacy Wrote: Feb 26, 2013 11:35 AM
"It's absolutely the right time for austerity! " No. There is a better way for those of us who have been paying attention. I'm talking about Quantitative Easing!
DB07 Wrote: Feb 26, 2013 11:45 AM
Debasing the currency (aka QE) is theft. Based on your posts, I'm not surprised that you think that's a good idea.
President Obama urged the nation's governors to put pressure on congressional Republicans to reach an agreement to avoid big spending cuts due to take effect at the end of the week, during his meeting with the National Governors Association (NGA) Monday.

“Thousands of teachers and educators will be laid off, tens of thousands of parents will have to deal with finding child care for their children, hundreds of thousands of Americans will lose access to primary care and preventive care like flu vaccinations and cancer screenings,” Obama warned. “Companies are preparing layoff notices, families are preparing to cut back on...