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Double Trouble and the Reckoning
Monday, December 3, 2012 4:51
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Now that billions have been spent trying to convince Americans that their leaders actually know what they’re doing, two issues loom large: the debt ceiling (again), and the ‘fiscal cliff.’ While they may seem like separate issues, it’s all really one big package that attempts to spend more than is brought in and at the same time justify it. The good news is that the players are the same and we can use that as barometer based on how they handled the 2010 situation. The bad news is they did a pitiful job in 2010, opting to simply kick the can down the road as opposed to actually embarking on any meaningful reform. Continue reading
2012-12-03 04:44:23
Source: http://blog.bmgbullion.com/economy/double-trouble-and-the-reckoning/
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