SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (128386)12/3/2012 7:21:21 PM
From: Road Walker  Read Replies (2) of 149317
 
I'll tell you why I don't think that's a good idea. Going over the cliff will contract GDP by 3-4%, at the minimum, because it would increase taxes and cut spending, for a combined $600B in 2013. GDP is at $15T. So the math is clear. We'd be in a severe recession if we go over the cliff.

I thought you wanted a recession, we have to take our Medicine for our great, great grandchildren, we're profligate degenerates, weak and putrid, and should put all the poor people on the streets to make everything cool with the Gods of Capitalism!!!

Here you turn out to be a wimp, scared of a little (symantec) "cliff". Buck up man. This is the moment you've been begging for. Austerity. Happy days are here again, the sky....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News