Thursday, December 20, 2012

Choose your own fiscal cliff adventure!

Wonkblog has a calculator, Choose your own fiscal cliff adventure!. "Your job, should you choose to accept it, is to figure out a path forward using this calculator. First, identify which aspects of the fiscal cliff’s tax increases and spending cuts you would allow to go forward, and which you would cancel. Then, pair it with other deficit-reduction policies you want to enact to start bringing deficits down even without the pain of an immediate austerity crisis. Then, add in any stimulus measures you might want to cushion the blow of deficit reduction and try to get the economy on track."

Here's my fiscal cliff solution .

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