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Richard Trumka: This Whole Fiscal Cliff Thing Is Manufactured

Joseph64 Wrote: Nov 15, 2012 2:06 PM
Look at what's happening to Hostess. The company is ready to liquidate if they can't get an acceptable agreement with their unions that are on strike. What kind of morons call for a strike at a company that is already teetering on the brink of failure?

During a speech today in Washington D.C., AFL-CIO President Richard Trumka called the looming debt disaster a "manufactured crisis" and said "there isn't a fiscal cliff."

"There is no fiscal cliff," Trumka says in prepared remarks to the National Mediation Board Conference in Washington on Thursday. "What we’re facing is an obstacle course within a manufactured crisis that was hastily thrown together in response to inflated rhetoric about our federal deficit."

Obama met with Trumka earlier this week, in addition to other far left leaders, to discuss economic policy. Apparently a $3500 tax increase on...