Day: December 3, 2012

Negotiating the Fiscal Cliff

Less than one month from now, unless Congress does something substantive, taxes will rise for everyone. If that occurs, the economy will suffer another major hit. Economists are worried that history will repeat itself: during the Great Depression, FDR’s policies never really worked, and at the start of his second term, the country fell into a recession within the Depression. Currently, we have a president in FDR’s mold—only worse—whose policies haven’t worked, and now we’re poised to have a recession… Read more »