Answers, anyone?

Posted Thursday, Dec. 13, 2012 0 comments  Print Reprints
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I am baffled by the "fiscal cliff." It appears that both parties and most experts predict doom and gloom if it happens. But the "sequester" only cuts $1.2 trillion in spending over nine years (our deficit is that much every year), and the end of the Bush tax cuts only raises taxes by a few percent.

How is that not balanced? But the experts and both parties say we will lose millions of jobs and be thrown into a recession unless we keep borrowing and spending.

What is the answer?

-- Fred Darwin, Arlington

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