Thursday, March 28, 2024
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Tags Cutting deficits

Tag: cutting deficits

‘Fiscal cliff’ scare just a fake crisis

Why do imaginary phantoms terrify, while real-life horrors seem normal? Why do our elected representatives act in ways that trample the values of those who elected them? Consider the current debate in Washington. The city is in full uproar about the so-called “fiscal cliff,” the deep cuts in spending and hikes in taxes scheduled to take place at the end of the year. Don’t fall for the hype.