toldailytopic: What happens if America goes off the fiscal cliff? Are you concerned?

[Nathon Detroit]

The TheologyOnline.com TOPIC OF THE DAY for December 4th, 2012 10:32 AM

toldailytopic: What happens if America goes off the fiscal cliff? Are you concerned?

Take the topic above and run with it! Slice it, dice it, give us your general thoughts about it. Everyday there will be a new TOL Topic of the Day.
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[Nick M]

There are quit a few criminals who don't commit crimes because they get checks sent to their home in lieu of work. When they checks stop because you can't just close the Army for the day, they will turn to violence and rioting.

 

[CabinetMaker]

I am VERY concerned. On the one hand, if we really want to fix the debt and deficit problems something like the fiscal cliff is what we need to do. It was easy to get into debt but to get out of it will require significant sacrifice from all of us. That said, the draconian measures that kick on on 1/1/13 are probably enough to send America into a recession that makes the last recession look positively rosy. We may end up in a depression. China and others may come a knocking demanding to cash in their T-bills. How do we pay those back? Couple that with the global economy that we no live in and the cuts could trigger a very deep world wide recession. Then we add in the shooting war in Syria right now, the growing tensions between Israel and Palestinians and things could end up in a shooting war.

That may be overly pessimistic but I am not feeling particularly optimistic given the progress being made in Washington right now.

 

[The Barbarian]

Both sides will refuse to budge until the last minute. The republicans are in a bad position, since the cuts will affect their constituencies more and the tax increases will be blamed on them.

 

[eameece]

The TheologyOnline.com TOPIC OF THE DAY for December 4th, 2012 10:32 AM

toldailytopic: What happens if America goes off the fiscal cliff? Are you concerned?

We should go off the cliff. If the Republicans want a tax decrease for the middle class, the next congress can vote on one. There is no hope from this congress for any sensible action whatever.

 

[Doormat]

We should go off the cliff.

Why? Many people will suffer.

 

[PureX]

The "fiscal cliff" is make-believe. Nothing will happen.

 

[genuineoriginal]

toldailytopic: What happens if America goes off the fiscal cliff? Are you concerned?

Prophecy will be fullfilled in preparation for the return of Jesus.
Take your pick of which will happen:

• The fiscal cliff will collapse America so it is no longer a global power, to match the interpretations that say America is not in Bible Prophecy.
• The fiscal cliff will cause the American people to vote in the son of perdition as president, changing America into the beast of Revelation.
• People will continue eating, drinking, and marrying without really noticing.

 

[chrysostom]

just give them the tax increases that they want
it is the only way they will learn
it is the only way to get the republicans elected
it has to get worse before the voters see the light

 

[genuineoriginal]

just give them the tax increases that they want
it is the only way they will learn
it is the only way to get the republicans elected
it has to get worse before the voters see the light

What will it take for the Republican party to see the light so it will stop trying to be the Democrat party?

 

[chrysostom]

What will it take for the Republican party to see the light so it will stop trying to be the Democrat party?

when are you going to hold the voters responsible?

 

[genuineoriginal]

Decades of voting for this party has brought us to the fiscal cliff.

 

[john w]

Dow-10000 level.

 

[Lighthouse]

when are you going to hold the voters responsible?

I already do.

Decades of voting for this party has brought us to the fiscal cliff.

:thumb:

 

[Ps82]

Our money will be worth nothing. We will never be able to repay our debts to other countries. The loss of our standard of living will lead to demonstrations and the increasing lack will lead to violence in the streets.

That is ... unless other nations take over our nation due to our weakness before all that happens. Our situation of increasing the national debt to this extent is just pure foolishness/stupidity/criminal.

 

[rexlunae]

just give them the tax increases that they want
it is the only way they will learn
it is the only way to get the republicans elected
it has to get worse before the voters see the light

I'd happily take that chance. I don't think it would turn out how you think it will.

 

[rexlunae]

toldailytopic: What happens if America goes off the fiscal cliff?

Recession. Who knows how deep?

Are you concerned?

Yes, not least because I'm likely one of the first in line to lose my job if it comes to that. But, sadly, I suspect it may be the only way to get a deal passed through Congress.

 

[The Barbarian]

when are you going to hold the voters responsible?

Classic republican reaction.

"There's nothing wrong with us. There's something wrong with Americans."

 

[chrysostom]

Classic republican reaction.

"There's nothing wrong with us. There's something wrong with Americans."

there is nothing wrong with americans
outside of the fact that they are

killing their babies
rejecting marriage and family
spending like there is no tomorrow
asking the state to take care of them

 

[fool]

Can someone explain this "Fiscal Cliff" to fool?