Wednesday, November 7, 2012
Everything You Need to Know About the Fiscal Cliff
This link to the video pretty much spells out the fiscal cliff in a pretty easy to follow format. With the election over, and the House of Reps retaining Republican control, the looming fiscal cliff becomes the next issue. And after watching John Boehner speak about his position, higher revenues through tax reform and not from taxing higher income, it seems like a resolution may not be in sight. Thoughts?
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Well they have to do something... at some point... right? It just seems to me that this is all a power play, who can make who blink first. The most activity always happens right before the deadline. Although this does not always work out like say for example the NHL lockout, (Still waiting for the Red Wings to get back on the ice) I feel like this is one issue that some resolution will be reached. One side will concede something, but in order to save face, will push back as hard as they can for as long as they can. We will find a way
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