A recent survey of Americans showed that most believe the Fiscal Cliff will increase the US Debt. It will not. In fact, it improves the debt by quite a bit.
The reason why folks are concerned is that it is Economic Destimulus. With a fragile recovery underway, reducing government spending may help us slide into recession.
Just wanted to clarify that.
Next week I’ll talk about how Santa Claus has such great productivity numbers.
Sean Foote's Blog 