Friday, December 28, 2012

The Cliff of doom

Well, I want to tell you, Brother, this fiscal cliff thing is crazy brother.

All I know is this has been in place a long time and several tax cuts enacted during President Bush's term go away, a lot of taxes related to ObamaCare go into effect, a lot of pay raises for government workers go into place, and bathroom attendants at the congress will no  longer aim for you. Ok, that last one I made up.

Over 1000 government programs get automatic cuts.

If they let it rock, and it seems they are going to pass a little something something now - but if they let the Fiscal Cliff thing go, we get a 4% reduction in GDP and a recession.

The bad part is that, almost surely, nothing's really going to change. Doesn't it suck?

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