In response to:

About That Fiscal Cliff

Luscious Lars Wrote: Nov 21, 2012 10:53 AM
"Besides, it is not current spending being cut, but only the proposed increases, while the allowing of taxes to return to pre-Bush levels might sting a little, but I don't remember people starving in the streets in the 90's.. " Are you saying ALL of the pre Bush tax rates, which would be the Clinton tax rates, should be reimplemented? You're going to PO the folks who voted for Obama thinking that only the people making over $200K ($250K for couples) would feel the tax bite.
Yikes, we're headed toward a fiscal cliff! It will crush the economy! Or so the media and politicians tell us.

The "cliff" is a series of tax increases and budget cuts that automatically go into effect Jan. 1 unless Congress acts.

Will Congress act?

It will! I see the future: The politicians will meet and fret and hold press conferences and predict disaster. Then they'll reach a deal.

It will just postpone the reckoning, but they'll congratulate themselves, and the media will move on.

America, however, continues to go broke.

"They're not going to admit that we're bankrupt, and they won't...