Did the media make up that term to scare everyone?
From what I understand, if we "fall" off the "cliff". The deficit - the difference between what the government takes in and what it spends - will be reduced by roughly half beginning in the first days of 2013.
Wow! Wouldn't want to fall off that cliff!
The way the media puts it, people think this is bad and think it's going to somehow cause normal people problems. But it seems to me that if the government is forced to cut back, it's the government that is becoming lean and trim, not normal people or local businesses.
Plus, didn't congress vote on this "cliff" because it is something the GOVERNMENT needs to do to get it back within reasonable spending limits?
Am I missing something here?
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