Getting Back to the Physical Cliff

Discussion in 'Economics' started by oldtime, Dec 20, 2012.

  1. how bout this one?

    If we can't come up with an agreement by Dec 31

    we just do nothing

    taxes stay the same

    spending stays the same

    who wouldn't vote for that to save their ass?

    and of course, later, "Everything will be on the table"

    "Both sides are going to need to make some tough choices" (I think it was Dukakis who coined the phrase "tough choices".)

    we all agree to go over the physical plateau

    (if you don't get it, don't bother, real traders who have survived since the 80's don't call it fiscal)
  2. it's not that far fetched

    I mean it's not like they signed it in blood or anything

    a bunch of misguided men got together and couldn't make up their mind

    so they invented a fiscal cliff

    they could just say, "ok, we've thought about it, it seemed like a good idea at the time, but now it doesn't sound so good, so we move to uninvent it, all those in favor say aye!"
  3. Bob111


    what i heard on tv -they just said-fakitall, and went on "holiday vacation". how about that..what a job..
  4. it's pretty easy to tell who is a liberal and who is a conservative.

    A liberal always wants them to "do something"

    They are like nervous gamblers that always need action.

    They claim they voted for somebody to go to Washington and get something done.

    They can't conceive of a conservative who sends his man to congress to make sure they don't do anything.

    To them it is gridlock. To us it is success.

    Like the man said, "Haven't we done enough damage already?"

    They know what to do with the money once it's made, but they don't know how to make it.