Deficit Commission by Executive Order

I hate when politics is about re-election. Presidents always do something when it comes to unemployment because it is one of the biggest reasons someone doesn’t get re-elected.But, that truthfully is a minor point.

Well, the commission should focus on real quality of improvement and real jobs and not fake jobs based on a debt bubble and aid to large corporations.

“President Barack Obama signed an order Thursday unilaterally creating a bipartisan commission to rein in unruly deficits after Congress rejected a similar body with considerably more enforcement power…. [AP Business Feed]”

Here’s the real problem: “Wholesale prices spiked in January, and the pace of job cuts rose last week, according to new data released Thursday that paint a gloomy picture of the economy’s performance this winter.”

[Washington Post U.S. Economy]

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