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Fiscal Cliff Uncertainty Already Causing Economic Harm

T115 Wrote: Dec 27, 2012 12:16 PM
Ya wanna negoriate with buckwheat? Try this: "Mr. Urkel - your checkbook is now closed. The congress will pay no debts of the United States unless on a passed budget, legally obligating us to do so". All you federal workers - no paychecks. Nada. All military pay frozen. Not one bas tard politician paid a dime until last priority. Betcha a deal could be worked out in 2 hours and a budget passed in 30 minutes after that. obama delenda est
wdwrkr Wrote: Dec 27, 2012 12:40 PM
T115,

You have made the best suggestion that I've heard since Boehner became leader of the House.
While President Obama flies back to Washington in order to try to force Republicans to pass his fiscal cliff plan once again, forces are already at work causing real harm to the economy. And despite all this, there are some who think that going over the cliff is still worthwhile.

Ben Bernanke said that policy uncertainty, both about the fiscal cliff and the debt ceiling, are already affecting private spending and investment.

Speaker John Boehner's "Plan B," which would have raised tax rates on some high-income Americans, was never brought up for a vote for the fear...