05 December 2012

3 Things You Have to Know About the Bogus 'Fiscal Cliff'


By Larry Beinhart

November 23, 2012  |  Obama won. Romney lost. That is a crisis averted and a very good thing.

But the contest is hardly over. The election was essentially an intermission in a long drama over economics. What’s going to happen in the upcoming act? A sharp change? Muddled compromise? A new stalemate?

According to the coming attractions, the episode up next is a really big action scene: The Fiscal Cliff!

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