Barack Obama
Earlier in the week, reports indicated "fiscal cliff"
talks between President Obama, his Democrats and the Republican party
had resumed
and was making progress. However, things went off track again, much to
the
frustration of the watching public.
The government has not made
significant strides in resolving the issue, as neither side refuses to budge
unless they get what they want, which means moving in circles. Neither side is willing to bend on issues they rank the
most pressing, leaving them at a stalemate that is not good for the economy. It
has impacted the stock market and consumer confidence in a negative manner.
