That alleged fiscal cliff....
- Thread starter Shagly
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warrior queen
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I keep hearing that term, but I'm not really sure what it means 
Recent experience has shown me that there's a LOT about the US I'm clueless about
Recent experience has shown me that there's a LOT about the US I'm clueless about
I keep hearing that term, but I'm not really sure what it means
Recent experience has shown me that there's a LOT about the US I'm clueless about
It's a fear tactic Obama is using with Congress that if Congress does not do what Obama wants by Jan. 1, 2013 the federal programs are going to be slashed to save Federal money and the Federal taxes will go back up to the levels they were at before George Bush senior became President.
warrior queen
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Right.... but what does it actually mean?
Is there a number that if the US debt goes over, then recovery is impossible?
It allegedly means a return to the double dip recession.
Stock markets drop.
Obama wants a super high tax for the top 2% of the wealthiest Americans.
Bill Gates included.
