Tuesday, December 18, 2012

The Fiscal Cliff...Ad nauseum....

http://www.washingtonpost.com/politics/poll-most-want-fiscal-cliff-compromise-but-oppose-cuts-that-may-be-part-of-deal/2012/12/18/4876b79a-4877-11e2-b6f0-e851e741d196_story.html

Someone has to explain to me how those insisting on Fed Spending cuts are "taking the fall" in this Fiscal Cliff crises, when spending is the main culprit.  The truth of it, I suspect most "polled" or included in these surveys don't understand the economy enough to have a well-informed thought on the matter.  So, while the Govt keeps borrowing about 34 cents of every dollar it spends, those who are advocating for a more budget responsible "game-plan" - are portrayed as "hard-liners" that are just  unwilling to compromise.  The so-called "court of public opinion" is quite uninformed - when did some real basic economic education become such a scarce reality.  

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