This article answers some basic questions about fiscal cliff. We are approaching the end of 2012 and the starting of fiscal cliff. Both Democrats and Republicans say it could be damaging to the unsteady recovery. Economist say if nothing is done, then cuts would send us back into the recession.
What are your views on fiscal cliff?
What are your views on fiscal cliff?
I think that this is probably a long overdue measure, and in some ways an inevitability given the inefficiency and discord in Congress. I have very little faith that Congress will be able to resolve this issue before the new year hits, and this may result in great instability not only financially, but also socially in our country. If a solution is not found, this cliff could very well push our country further towards the brink.
ReplyDelete