USA TODAY: The economy will strengthen modestly over the next year — if the U.S. ducks double-barreled damage from Washington’s budgetary indecision — according to USA TODAY’s quarterly survey of economists
Next year is likely to be one of slow gains from the deep recession that ended 3½ years ago, with low odds of a new recession, many say.
Almost two-thirds of the 48 economists surveyed predict the so-called fiscal cliff issue — the large spending cuts and tax hikes scheduled to kick in at year’s end unless Congress acts — will be resolved without significant damage to the economy… (more)
