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GOLDMAN: A Significant Tax Hike Is Coming, And Neither Party Is Even Talking About Stopping It

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Joe Weisenthal
Business Insider
Oct 9, 2012

Goldman’s Jan Hatzius takes the pulse of the economy, and mostly thinks things are getting a little better.

GDP is now back to tracking at 3.0%, which is hardly robust, but a bit better than where it’s been.

The jobs report was confusing and mixed…Hatzius sees reasons for optimism and pessimism in it.

But one thing he’s certain about is that the economy is almost guaranteed to suffer a fiscal hit in the near future, and that leaders in both parties don’t seem intent on avoiding it.

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This article was posted: Tuesday, October 9, 2012 at 2:27 am

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