6 Reasons the "Fiscal Cliff" is a fucking Scam.

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  • GrantMercury
    Confirmed User
    • Jul 2012
    • 1626

    #1

    6 Reasons the "Fiscal Cliff" is a fucking Scam.

    6 Reasons the Fiscal Cliff is a Scam

    The so-called "fiscal cliff" is a mechanism for rolling back Social Security, Medicare and Medicaid.

    http://www.alternet.org/economy/6-re...tter748976&t=5

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  • BIGTYMER
    Junior Achiever
    • Nov 2004
    • 17066

    #2
    I better take some profit on my defense stocks just incase.

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    • buzzard
      Confirmed User
      • Aug 2002
      • 1276

      #3

      Comment

      • BIGTYMER
        Junior Achiever
        • Nov 2004
        • 17066

        #4

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        • DTK
          Confirmed User
          • Feb 2002
          • 4546

          #5
          The fiscal cliff is more accurately called the Austerity Bomb.

          Austerity during tough economic times has been shown, time and again, to be a recipe for disaster. When you can borrow at 0% interest with the express purpose of stimulating the economy, fucking do it. It's not something you want to do forever, but going austerity right now would be an utter disaster.
          Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

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          • PornMD
            Mainstream Businessman
            • Jan 2007
            • 9291

            #6
            The fiscal cliff does seem like a bunch of shit, but it's not as if there aren't consequences of going into even more severe debt. How low do we want the dollar to be worth?
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            • Ringo
              Confirmed User
              • Nov 2012
              • 431

              #7
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              • Barry-xlovecam
                It's 42
                • Jun 2010
                • 18083

                #8
                Originally posted by DTK
                The fiscal cliff is more accurately called the Austerity Bomb.

                Austerity during tough economic times has been shown, time and again, to be a recipe for disaster. ...
                The double dip recession now in Europe is proof in practice of this ...

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                • DTK
                  Confirmed User
                  • Feb 2002
                  • 4546

                  #9
                  Originally posted by Barry-xlovecam
                  The double dip recession now in Europe is proof in practice of this ...
                  Absolutely, and it's leading to another one here.
                  Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

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                  • GregE
                    Confirmed User
                    • Jul 2004
                    • 2704

                    #10
                    Originally posted by Barry-xlovecam
                    The double dip recession now in Europe is proof in practice of this ...

                    Precisely.

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                    • onwebcam
                      Fake Nick 1.0
                      • Oct 2005
                      • 27689

                      #11
                      It's obviously a political mind game played on the general public. They just want to run up the credit cards more so they scare the shit out of everyone and days after the deadline they'll renew the tax breaks, vote on an increase of the debt and go on a spending spree like a drunken sailor in a whore house. And if you think Obama isn't one of those drunken sailors you're an idiot.
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                      • martinsc
                        Too lazy to set a custom title
                        • Jun 2005
                        • 27043

                        #12
                        Originally posted by buildyourwebsite
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                        • The Porn Nerd
                          Living The Dream
                          • Jun 2009
                          • 19806

                          #13
                          There IS no 'fiscal cliff' - just greedy Baby Boomer fucks.
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                          • EonBlue
                            Apocalypse
                            • May 2007
                            • 3043

                            #14
                            Originally posted by GrantMercury
                            6 Reasons the Fiscal Cliff is a Scam

                            The so-called "fiscal cliff" is a mechanism for rolling back Social Security, Medicare and Medicaid.

                            http://www.alternet.org/economy/6-re...tter748976&t=5

                            Alternet is a "progressive" leftist rag and Krugman is a "progressive" leftist elitist. Probably two of the worst sources to quote for economic policy. Yes I know he is an "economist" but a leftist with a degree in economics is like an astrologer with a degree in astronomy.

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