The findings gibe with a recent poll of consumers by the Conference Board, a private research firm, which found that confidence tumbled in December, with expectations about the economy's future absolutely plunging, "most likely caused by uncertainty surrounding the oncoming fiscal cliff," the Conference Board wrote in a press release in December.
An anonymous source counts seven instances in the past month when the Dow has fallen immediately after Boehner has spoken in a fiscal-cliff press conference.
For all the welcome focus on tax, domestic resources and fiscal self-reliance, this conference should not squander the opportunity to ring in this historically significant procedural change.
Labour is disqualified, he said, because Ed Miliband has no credibility on the economy after forgetting to mention the fiscal deficit in his conference speech.
Then, posing as a fiscal Roundhead in his conference speech, he pledged to vote today in support of the Tory commitment to produce a budget surplus "in normal times".
At a Washington conference on fiscal responsibility in February, President Obama tried to set the tone by saying he did not need the new costly presidential helicopters that had been ordered by the Bush administration.
Mr. Obama first expressed concerns about the cost of the new helicopters shortly after he took office in 2009, when Senator John McCain of Arizona, who had been his Republican opponent in the presidential race, confronted him at a conference on fiscal responsibility.
"The threat of rising inequality is critical policy context for major debates at Labor's conference on fiscal policy, tax policy, industrial relations and trade – a pro-equality platform will be a pro-growth platform," said the Chifley Research Centre's executive director, Michael Cooney.
Though RCTs may provide robust conclusions regarding the effects of large conferences on social sector outcomes, political and fiscal imperatives may preclude randomization, as conference attendance often requires an invitation or abstract submission as well as adequate finances.
"But that is certainly not the case for our yawning fiscal deficit," he told a conference at the Federal Reserve Bank of Chicago.
