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Analysis: Americans to face tougher 2013 on rising prices, taxes

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Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy.

Senh: This is a pessimistic view. Lately, most of the economic reports have been positive. Unemployment is at a 4.5 year low, consumer sentiment at a five year high, housing market is rebounding, and consumer debt is at pre-recession levels.

 

An Obama quote taken out of context, yet again

“We tried our plan — and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.” ...In any case, the Romney campaign clearly ripped these words out of context, leaving them untethered from their original meaning — in order to score political points in a highly misleading way. Obama was not talking about today’s economy, but about different philosophies of taxation.

 

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