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Microsoft Corporation Message Board

  • hawcreek12 hawcreek12 Dec 10, 2012 8:25 AM Flag

    Fiscal Cliff, Smismical Cliff, nothing more than a magician's distraction from the action

     

    If we had the same number of people in the workforce as 4 years ago the unemployment number would be 11%. Food Stamps just hit another record for usage. Deficit borrowing remaining at highs.

    The "fiscal cliff" really a slight fiscal slope is far from the worst of our worries but the market will likely rocket up to play along if any resolution is made.

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    • mcmsbm@verizon.net mcmsbm Dec 10, 2012 8:54 AM Flag

      Have you noticed the fine print? Annual deficit is 1,100 billion dollars. Obama is demanding a tax hike that will cut the annual deficit to 1,020 billion dollars. Then, he declares the problem "solved"! and thinks how great he is... And the independent MEDIA believes him, celebrates his greatness, without any questions...

 
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