fiscal

I wasn't sure if this belonged in the politics or economic forum but as it's about money as much as governance, I decided to stick it here. I'll let a mod decide if it should be moved. Dimoocracy. Demo, from the Greek word di̱mosionomikós meaning fiscal. In English terms, governance by the...

Well guess we will never get out of debt. It would seem that the powers that be want us to crash and burn rather then shrink the deficit. http://thehill.com/blogs/on-the-money/economy/275095-cbo-fiscal-cliff-deal-carries-4-trillion-price-tag

Not looking good... http://www.forbes.com/sites/matthewherper/2012/12/31/what-the-fiscal-cliff-could-mean-for-the-fda/

So what will happen will a pillow be at the end of the fall to soften the blow, or are we just gonna hit the ground with no cushion. http://news.yahoo.com/over-fiscal-cliff-soft-hard-landing-082737436.html

We have four hours left in this fiasco....what do you think will happen ?

This is one time I truly hope Ron Paul is wrong. http://www.infowars.com/ron-paul-on-the-fiscal-cliff-we-have-passed-the-point-of-no-return/

Looks like it might finally get done today. http://live.reuters.com/Event/President_Obamas_economy_speech/59972023 Details include increased income taxes for those making more than 400k, a permanent extension of the middle class tax cuts, extended unemployment benefits for a year.

Okay, as I see it we can either allow the crap our congress agreed to, or prevent it if needed through emergency measures. If we do slide down the slope, there is a risk of great damage to our Economy, bordering on default. In order to avoid this possibly destructive result, our elected...

It seems the election is over, and within a week we should get back to normal. My personal hope is for a "New" normal where our government actually manages to work. I predict a shift in both the President and the Opposition, as the alternative would be terrible, and they both know it. Likely...

What are everyone's preferred means of stimulus in downturns. Do you think there should be a built-in system of stimulus (such as NGDP targeting) or do you think it should be reactionary? Fiscal, monetary, both, or neither? And why? Share and discuss opinions below.

The end of this year will see an expiration of the Bush tax cuts, extended stimulus tax cuts, and extended unemployment benefits. It is what many are starting to call the "fiscal cliff". For more on that and CBO projections on it, you can check out this link...

Britain did not accept the most recent proposal. Either way, this will likely not restore confidence and is meant to be more of a long-term solution (band-aid?) to avoid a repeat of what is happening now. That if the Eurozone in its current form even lasts. The ECB is holding strong on not...