Meeting in the Aisle in Washington

Nov. 14, 2012
We at ITR have been saying how critical compromise on important issues in Washington is, and now, it looks like it might actually happen.

Something important is happening in post-election Washington. Republicans and Democrats, as presented by Messrs. Boehner and Reid, have made conciliatory statements and have indicated willingness to compromise on important issues like the fiscal cliff and a revamping of the tax code. Mr. Boehner in particular has stated that it is time for the President to lead – you are correct, Mr. Boehner. Our readers know that we have been saying how critical it is for Washington to meet in the aisle and get things done. It looks like that might actually happen.This will help keep the 2014 downturn mild.   

Mr. Boehner also spoke last week on demographics. He stated what we at ITR have been saying for years now; 10,000 people a day are retiring. It is encouraging to know that Washington understands the math. 

All of this should help uncertainty dissipate and business to bounce back later this year and in early 2013, as we have been projecting. 

About the Author

Alan Beaulieu Blog | President

One of the country’s most informed economists, Alan Beaulieu is a principal of the ITR Economics where he serves as President. ITR predicts future economic trends with 94.7% accuracy rate and 60 years of correct calls. In his keynotes, Alan delivers clear, comprehensive action plans and tools for capitalizing on business cycle fluctuations and outperforming your competition--whether the economy is moving up, down, or in a recession.

Since 1990, he has been consulting with companies throughout the US, Europe, and Asia on how to forecast, plan, and increase their profits based on business cycle trend analysis. Alan is also the Senior Economic Advisor to NAW, Contributing Editor for INDUSTRYWEEK, and the Chief Economist for HARDI.

Alan is co-author, along with his brother Brian, of the book MAKE YOUR MOVE, and has written numerous articles on economic analysis. He makes up to 150 appearances each year, and his keynotes and seminars have helped thousands of business owners and executives capitalize on emerging trends. 

Prior to joining ITR Economics, Alan was a principal in a steel fabrication company and also in a software development company.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!