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‘Fiscal cliff’ nears with variety of dangers

Spending cuts, tax hikes would affect most people

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The months of debate about the “fiscal cliff” is eye-glazing, but as the edge approaches, many are anticipating a true white-knuckle plunge. Going over the cliff would have severe consequences for New Yorkers, according to economists and other experts. They warn that it would increase the likelihood of sliding back into a recession and said Congress and the Obama administration should do everything they can to work out a deal. The term fiscal cliff refers ...


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comments

ajdjr73
December 9, 2012
10:44 a.m.

[ Flag Post ]

There will be a FISCAL CLIFF rally and teach-IN, in Albany, Monday December 10th at 4PM at the West Capitol at the Corner of State St and Swan. A Petition with over 400 signatures of New Yorkers will be presented to Senator Chuck Schumer. For more details or to participate, copy and paste the link below into your browser. HANDS OFF MEDICAID, MEDICARE & SOCIAL SECURITY. TOP INCOME PAY YOUR FAIR SHARE!

http://www.moveon.org/event/events/event...

FrankLowe
December 9, 2012
1:56 p.m.

[ Flag Post ]

Brad Lewis is a professor of economics????? Debt doesn't matter???? On what planet? Here's a basic economics lesson, debt doesn't evaporate over time, in fact it grows. Kicking the can down the road based on misguided opinions like Lewis' pushes the burden onto future generations. Anyone who believes that the federal government shouldn't immediatly slash all spending needs a remedial math course and instructions on how to use a calculator.
The rich already pay far more than their fair share of taxes. Those who support the "Tax the rich" mentally are no better than common criminals who help themselves to property which is not theirs. Jealousy and envy of those who have more than you is character flaw which you should try to correct.
The failed "Tax the rich" scheme is in place in NY, California, Illinois, and Connecticut. SUPRISE, which states are in financial crisis????? Look no further than the last sentence.
Ajdjr73, your link directs people to Moveon.org which is funded by the international criminal, and financial terrorist George Soros. He made his billions causing financial havoc around the world. Why is it that you worship him?

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