FRESH from the long legislative fight to prevent a 'fiscal cliff ' of tax hikes and spending cuts, President Barack Obama warned on Saturday that the United States could not afford further budget showdowns this year or in the future.  

The new law was just one step toward fixing the country's fiscal and economic problems. Emphasised on putting more Americans back to work while also putting this country on a path to pay down its debt as US economy can't afford more protracted showdowns or manufactured crises along the way. Already 2 million new jobs was created last year including 168,000 new jobs last month keeping US unemployment rate at 7.8% in December.