Should the US go off the fiscal cliff?

1 Answer

Answer :

answer:If I were a betting man, I’d say the odds are that we won’t go off the fiscal cliff. But it is very close. Things could easily go that way. It would give a lot of stupid politicians cover. And that’s probably why they passed it in the first place. But I think that at the last moment, Obama and Congress will announce a deal. There. I said it. I’m on the record. We’ll see what kind of pundit I would make. Now the deal could be something like stopping the clock to give themselves more time, or some other parliamentary move that pushes back the time line. They do, after all, have the power to make laws. Any laws at all. Except unconstitutional ones. But I’m saying the fiscal cliff will not be fallen over. At least, not this looming cliff. Some future cliff or some pushed off cliff is not what I’m talking about. Just this most immediate one.

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