On brink of 'financial cliff,' at least one analyst remains hopeful
While few people expect real fiscal reform in the always partisan lead up to the November election, Lloyd Blankfein writes that there may still be hope, if President Obama, Congress and Mitt Romney declare that Simpson-Bowles will be the basis of future reform.
While few people expect real fiscal reform in the always partisan lead up to the November election, Lloyd Blankfein writes that there may still be hope, if President Obama, Congress and Mitt Romney declare that Simpson-Bowles will be the basis of future reform.
By Joshua M. Brown, Guest blogger
I read Lloyd Blankfein's op-ed at Politico this morning and I found myself in agreement with a lot of what he said (the piece was about investing in America).聽 One area I disagree with him on is the chance of any kind of fiscal accord taking place without a massive battle.聽 Blankfein thinks it may be possible to avoid, I hope he's right but I don't think so...
From Politico:
Guess we shall see.