December 18, 2012

Fiscal Cliff Made Simple!

Here is a three minute video on the fiscal cliff by Robert Reich, head of the Department of Labor under the Clinton Administration. It is one of the clearest explanations I have seen.

The only concerns I have is we need a clearer understanding of whether we must cut back on the safety net programs over time. It may just be that we cannot do everything we want for the needy. We certainly need to cut back on military spending and put some of that savings into education.

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