“Fiscal Cliff” is made up by the MSM including FOX and MSNBC & CNBC & CNN.
So we all go nuts... and watch the news
Let the Cliff Happen—Its mostly Hype. They will kick it down to 2014 and borrow more money from China and Japan.
“fiscal cliff” is a gimmicky talking point, it doesn’t really define anything.
I think it was Obama and the leftist media that started throwing the phrase around. It’s supposed to be scary, I guess, since we’re told we must avoid it.
Problem is, Obama wants it. It gives him and Democrats what they’ve dreamed of all along. Higher taxes, more job losses, a gutted national defense, and more wealth redistribution because of the resulting increase in unemployment, and they get to blame it all on the Republicans. All this increases Democrat power and control, or at least that’s the plan.