The U.S. fiscal cliff should be the priority for President Obama in his second term , Sorrell says . Sorrell noted there were also `` two big positives for the U.S. over the next 20 years . '' But he also warns that a deal to raise taxes on wealthy Americans could hurt economic growth and job creation by discouraging people from working or investing more money into their businesses.
The U.S. fiscal cliff should be the priority for President Obama in his second term , Sorrell says . But he also warns that a deal to raise taxes on wealthy Americans could hurt economic growth and job creation by discouraging people from working or investing more money into their businesses.