Summary: Dr. Jack Rasmus discusses the political significance of Obama’s latest speaking tour beginning today—i.e. as the opening maneuver to the coming September-October fight with House Republicans over more spending cuts, Obama’s 2014 budget, and yet another debt ceiling fight. Jack explains how the coming cuts, budget fight, massive corporate tax cut legislation working through Congress, the Federal Reserve’s September 18 meeting, and the slowing China-Europe economies may together create a ‘perfect storm’ this fall that provokes a further retreat of the already faltering US econom
