For those who don't follow
the news, cuz of lack of time or interest, here's the 'Fiscal Cliff' in a nutshell.
The US is in trouble cuz we're spending more than we're taking in. Just like a family in the real world, this can be fixed with a combination of TWO things. 1. Spend less, 2. Bring in more.
The Dems say, "Let's have a balanced approach, and do both."
The Pubs say, "Absolutely NO tax raise, even the top 1%", and walked out of negotiations.
Can you see the problem?
The US is in trouble cuz we're spending more than we're taking in. Just like a family in the real world, this can be fixed with a combination of TWO things. 1. Spend less, 2. Bring in more.
The Dems say, "Let's have a balanced approach, and do both."
The Pubs say, "Absolutely NO tax raise, even the top 1%", and walked out of negotiations.
Can you see the problem?
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