Tag Archives: fiscal cliffs

Taxes and Deficits

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The fiscal cliff.  Or, the fiscal stepstool.   I’m not trying to say it’s not important- it is. (See my previous post on this matter, here.) We need our politicians to get off their own cliffs and negotiate- honestly.  But, that rarely happens. We have at least two problems.  We have a deficit problem- and we have a recession problem.  To some degree, they are related.  If we were booming, then our deficits would be down- way down.  But, we’re not-we are barely keeping even.  (Sorry, 2% growth is just that. )

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