How would you like to go back to the way things were in 1930, how about 1929?
Almost anyone who actually thought about it much might say "No!"
However, what the fiscal cliff actually brings is something much closer to 1929 or 1930 than anything we have seen since.
The real reason for this is that the U.S. is over-regulated and uncompetitive on the world stage and we don't like it. So, elected officials say to themselves, "We can't sell this to the constituents!" So, the result is that both Republicans and Democrats cannot sell what is coming to the American People because "Who wants to return to 1930 before Social Security, Medicare, Medicaid, and a military that is as good as the one we have today?" Because that is what the fiscal cliff brings.
It is like saying to someone, "How would you like to trade your brand new Cadillac that you paid cash for for a Prius?" Most people would say , "NO." A few ecological people might say "Yes" but they would be in the minority because of the thousands of dollars they would lose in the process in giving up their Cadillac.
Note: By the way the only reason we aren't competitive is because it costs 34 dollars to make anything here in the U.S. compared to 2 dollars to make anything in China. (And some places it costs even less to make things than China). So, if you are a citizen of Earth do you want to pay 2 dollars for something or 34 dollars for something? Under these conditions we are not competitive on the world stage anymore and we don't want to admit it to our citizens so we are having a fiscal Cliff and having to give up our (Cadillacs for Priuses all around).
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