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Fiscal cliff...
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PeteMN
Posted 11/29/2012 00:28 (#2722723 - in reply to #2721613)
Subject: Re: Fiscal cliff...


E.Central MN
The downside of going over the fiscal cliff is that the financial markets would get very nervous. That would lead to a flight of capital out of the country causing higher borrowing costs for everyone and put the US back in a recession. And it's completely unnecessary, its all because elected politicians refuse to work together despite the negative implications it has for the country. Maybe it would help if we actually had a grownup in the White House, but that doesn't relieve Congress of their responsibility for solving this problem. It's absurd, we allow them to stamp their feet and throw tantrums like a teenage driver saying he'll smash the family car unless we allow him to drive it wherever he wants. I think we need to take away their keys(term limits) and cut their allowance(eliminate their benefits and pay them minimum wage) until they solve the nation's fiscal problem. Why wasn't that on the ballot?
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