How many were crazy enough to venture out to the stores on Thanksgiving and Black Friday? In total shoppers online and in stores this weekend added up to 139 million, up six percent from last year. On average, shoppers spent a little over $400 each. Now that is a lot of dough!
Palestine won ground on their battle against Israel on Thursday in the United Nations. More than 130 countries voted to grant Palestine the status of nonmember observer state, which is ultimately a recognition by the international community to legitimize Palestine. Will this be a step forward towards a two-state agreement?
Obama’s plan to avoid the fiscal cliff was met with disdain from the GOP camp. House Speaker John Boehner told reporters he was surprised at the numbers presented. The White House passed the buck on, saying they have been very upfront. Details of the proposed plan are still emerging but here are some details:
- extend middle-class tax cuts while allowing rates on the wealthiest 2 percent of Americans to return to higher rates of the 90s
- A Republican congressional aide said it calls for $1.6 trillion in tax increases