The fiscal cliff approaches

[hoddesdon]

Today is the last day for the President and the Congress to agree on a deal to prevent the various economy measures coming into operation (colloquially known as the "fiscal cliff"). That event is predicted to be damaging. Could they really be so irresponsible as to let it happen?

 

[Gadfly]

Is nearly 17 trillion in debt a sign of responsibility? What's the debt in Australia anyway?

 

[Remus]

Is nearly 17 trillion in debt a sign of responsibility?

You let big business outsource your once strong industrial base, that kind of debt is inevitable.

 

[Agent_Violet]

It's too depressing to think about.I can't even watch the news anymore because it's too frustrating and there's not a darn thing we,the citizens, can do about it.

 

[this_portrait]

All I can do is keep my fingers crossed that everything works out.

 

[hoddesdon]

It seems that the vice-President has been able to resolve the situation. Why do they have to engage in such brinkmanship?

 

[Hellhound]

I don't understand a thing. Am I lucky for that?

 

[BlueDays]

It seems that the vice-President has been able to resolve the situation. Why do they have to engage in such brinkmanship?

It makes great news stories.
News websites get heaps of clicks, the public are viewing more tv......
keeps the advertisers happy making more $$$. The answer usually leads back to advertising.:thumbdown: