Showing posts with label Fiscal Cliff. Show all posts
Showing posts with label Fiscal Cliff. Show all posts
Monday, December 24, 2012
Fiscal Cliff
I officially do not care about the Fiscal Cliff anymore. Bring on some short term pain that may give us long term gain. It's way over-hyped by the media anyway. Sure, we could do better if we had a functional Congress. But from my understanding, many economists agree that the short term pain would be 6-12 months, with recovery after that. Also, the economy is so complex with a myriad of global factors involved that it is impossible to predict what the actual outcome might be.
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