Finance

Do People on the Street Know What the ‘Fiscal Cliff’ Is? (Or Where It Is?) Funny Video Asks the Questions

With so much talk from both parties about the looming “Fiscal Cliff,” our friends at the Media Research Center (MRC) took to the streets to find out what people really knew about the fast approaching deadline (and cuts) that will trigger significant changes in the way American government works.

What Is The Fiscal Cliff? (most people have no clue)

Image: screen capture MRC video

Of course, the answers to the question, “What is the fiscal cliff?” will have you shaking your head. But unlike some videos, there may be more hope than you would think:

(H/T: Bob Parks and MRC)

In CONTROL, Glenn Beck presents a passionate, fact-based case for guns that reveals why gun control isn’t really about controlling guns at all; it’s about controlling us. Find out more HERE.

Comments (47)

  • american beauty
    Posted on November 15, 2012 at 12:14pm

    Obama has fooled half the nation, and listening to our elected officials them too. Obama has his own agenda to bring America to its knees and the peoples needs are not part of that agenda. He plays his role as the puppet master dictates

    Report this comment

    american beauty  
  • SenorStrange
    Posted on November 14, 2012 at 12:48pm

    It is a scare tactic to trick the public to allowing the government to continue irresponsible tax and spend policies.

    Report this comment

    SenorStrange  
  • Secret Squirrel
    Posted on November 14, 2012 at 10:05am

    .
    Let it happen.
    The country voted for free Obamaphones and free abortions.
    Let ‘em have them.
    I have some savings, do the “base”?
    Let’s start cutting entitlements now. Let taxes rise.
    There will not be any revenue.
    It’s time to let the chips fall.
    Obama voters will be shooting each other in a week.

    Report this comment

    Secret Squirrel  
  • 1776boy
    Posted on November 14, 2012 at 2:25am

    God blessTexas !!!!!!!!!!!!!!

    Report this comment

    1776boy  
  • gooeylewie
    Posted on November 13, 2012 at 10:02pm

    and the left wonders why some of us are intrigued with the idea of secession….

    I can’t continue to live in a country where people who are either this stupid or uninformed can vote to enslave me and my family with insurmountable debt forever. And I don’t really feel that I should have to suffer along side the “Obama phone” lady and other worthless parasites who voted for free birth control – let them deal with the change that they voted for. Let me just live my life without being coerced to comply with the morality of others, especially when I find it immoral to do so.

    Report this comment

    gooeylewie  
    • 1776boy
      Posted on November 14, 2012 at 2:03am

      the changes are here people who voted for OBONANATION in west va on welfair and food stamps will lose $50. a month starting 2013 ! Soo… enjoy your MASTER (I WONT)

      Report this comment

      1776boy  
    • catdaddio42
      Posted on November 14, 2012 at 12:50pm

      I admire your sentiment: why won’t these progressive big government types just leave me alone? Unfortunately no matter how loudly you scream for them to “Stop he world, I want to get off” they won’t hear you because they don’t care. If you’ve never considered it before the concept of accepting our fate (i.e., giving them the “consent of the governed”) will no longer allow us to ignore what those crazy people in DC are doing. It’s also become very clear that you don’t have the choice to live a peaceful, constructive life, support church and charity and live according to your conscience. This much is clear with regards to the United States government (Obama administration version): religious freedom consists in being free to engage in private rituals and prayers, but not in carrying your religious convictions into public life. Your conscience doesn’t matter in “real life” – the state is all that matters. Lately I’ve been wondering how the 1 billion plus people in China came to be comfortable with their version of this sort of dictatorship – if they can do it, why can’t we? Is that my only choice?

      Report this comment

      catdaddio42  
  • simplygilly
    Posted on November 13, 2012 at 6:00pm

    Obama’s ineptitude created the FISCAL CLIFF. Entitlements are UP 40%, income tax payers are DOWN 60% of Clinton levels and total employment is now 1% BELOW Obama took office. AND he has the audacity to say “we’re making progress” we’re “moving forward”? http://t.co/yvqlfXXV http://t.co/xYiEAFNf

    Report this comment

    simplygilly  
  • AllAmericanGirl22
    Posted on November 13, 2012 at 3:45pm

    lol, go forward to get to the fiscal cliff.

    Report this comment

    AllAmericanGirl22  
  • DebateMe
    Posted on November 13, 2012 at 1:20pm

    One last one that got cut off from my above lists is a BRAND NEW 3.8% ‘Investment Tax’ on all Real Estate Sales, courtesy of ‘ObamaCare.’

    Also, don’t forget that all these changes are at the Federal level, they do not include State and Local taxes, most of which are on the INCREASE all over the country.

    When you consider all these taxes, even a stalwart leftist has to admit this will negatively impact the economy. Of course, that is exactly what the stalwart leftist may be hoping for…

    Report this comment

    DebateMe  
    • bdsconserv
      Posted on November 13, 2012 at 3:28pm

      it never ceases to amaze me how stupid people are. and they all think it’s funny.

      Report this comment

      bdsconserv  
    • endthemindlessspending
      Posted on November 13, 2012 at 3:32pm

      Very good post, thanks for laying it all out there. Crazy all that is only on the federal level. I’m from just outside Harrisburg PA, glad I don’t live in the city, they are getting ready to raise taxes in a broke city. All just to cover their own mindless spending.

      Report this comment

      endthemindlessspending  
  • DebateMe
    Posted on November 13, 2012 at 1:13pm

    Other ‘Wonderful’ Federal Tax Changes

    ‘ObamaCare’ Introduces 20 BRAND NEW Taxes (Including The 2 Noted Above)
    -55B Cut From Domestic Programs
    -55B Cut From Defense Programs
    -The Return of the ‘Marriage Tax’
    -The ATM (Alternative Minimum Tax) will apply to ~30M ‘middle class’ taxpayers
    -Extended Unemployment Benefits Expire
    -Medicare Payments to Doctors Fall ~30%
    -Increased Medicare Payments (From Your Paycheck) Will Suck Another 86B Annually Out Of The Private Sector
    -65B Individual + Employer ‘Mandate’ Tax (The Estimated Annaul Penalties Some Businesses Will Pay For Not Complying with ‘ObamaCare’) – Another 65B Out of the Private Sector
    -20B ‘Medical Device’ Tax – Businesses Who Make Medical Devices Get To Pay This, But In Reality, Patients Will End Up Paying For This In Insurance Premium Increases
    -A 30% Federal Income Tax Bracket Will Be Created, Because 5 Brackets Isn’t Enough
    -$3,800 Annual Personal Deductions To Begin Phasing Out
    -Deductions For Individual Medical & Dental Tax Deductions To Be ‘Tightened’
    -Possible 28% Cap On Itemized Deductions

    Report this comment

    DebateMe  
  • DebateMe
    Posted on November 13, 2012 at 1:13pm

    First, the ‘fiscal cliff’ is a metaphor, not an actual cliff. The ‘fiscal cliff’ is a media reference to a collection of new taxes, increases to existing tax rates, and budget cuts that WILL go into effect beginning on January 1, 2013 unless congress intervenes. Here is a quick summary:

    Federal Income Tax Rate Increases: (deducted from your paycheck):

    -Tax Bracket 1: 10% increases to 15%
    -Tax Bracket 2: 25% increases to 28%
    -Tax Bracket 3: 28% increases to 31%
    -Tax Bracket 4: 33% increases to 36%
    -Tax Bracket 5: 35% increases to 39.6%

    Federal Payroll Tax Rate Increases: (also deducted from your paycheck):

    -Social Security Deductions INCREASE From 4.2% to 6.2%
    -Medicare Withholding INCREASE From 1.5% to 2.4%

    Federal Child & Marriage Credits:

    -Childcare Tax Credit DROPS From $1,000 to $500
    -Child Credits DROPS From $3,000 to $2,400
    -Standard Itemized Deductions Married Couples Can Claim DROPS From $11,900 To $9,900 (Based on a combined annual salary of ~174k)

    Federal Investment Taxes

    -Estate Tax (“Death Tax”) INCREASE From 35% to 55%
    -Capital Gains INCREASE From 15% To 20%
    -Dividends INCREASE From 15% To Whatever Federal Income Tax Bracket (See Above) You Happen To Fall Under (this REALLY hurts retired people on fixed incomes – talk about pushing granny over the cliff, but I digress…)
    - A BRAND NEW ‘Investment Tax’ ON TOP OF Capital Gains Taxes of 3.8% (Courtesy of ‘ObamaCare’)
    - A BRAND NEW ‘Investment Tax’ On All Re

    Report this comment

    DebateMe  
  • Black Midge
    Posted on November 13, 2012 at 11:56am

    Fat, Dumb, & Happy, just the was the Liberal, Progressive Left and MSM like em. Boy I won’t feel sorry for them when they wake up.

    Report this comment

    Black Midge  
  • Triple7
    Posted on November 13, 2012 at 11:53am

    Born bred and raised as useful idiots for the Marxist agenda.

    Yes Hillary we understand, it took a village to raise a mass of village idiots. Now about that crude and disgusting video….

    Report this comment

    Triple7  
  • Eastinfection
    Posted on November 13, 2012 at 11:43am

    Here is the perfect illustration of the “fiscal cliff”…

    “i want my two dollars!!!!”……

    http://www.youtube.com/watch?v=nP9gSfXgir0

    Report this comment

    Eastinfection  
  • lessoneleg
    Posted on November 13, 2012 at 11:41am

    when people in general within the liberal Democratic Party are more concerned about getting “free cell phones”. Asking them about this “fiscal cliff” is no more different than asking them about Jimmie Cliff or Cliff Robertson, or any geographical cliff. They don’t care, because when you pay nothing and someone gives you something, imaginary for free. That fiscal cliff is pointless,
    Now tell them, they are to be cut off from cell phone use, or Oprah or satellite TV services, and hell hath no fury as a free loading liberal.

    Report this comment

    lessoneleg  
    • AvengerK
      Posted on November 13, 2012 at 11:55am

      Don’t forget free abortions and “reproductive rights”. Ironic isn’t it? To liberals killing a baby is seen as reproduction.
      It’s more important to liberals that there’s a man in the white house who “understands womens’ issues” and won’t stop them from getting abortions..anytime. This is the dumbing down of the American people in all it’s splendor. They can’t fathom how a fiscal collapse of the nation would affect all these “rights” they’re so concerned about. They’ve been conditioned to believe that “tax the rich” will fix it.
      You think I’m kidding? I’ve asked numerous liberals why they voted for Obama this time and all I’m hearing is “abortion, womens’ issues, Romeny doesn’t understand anyone who’s not rich, tax the rich”. NONE of them can tell me what the deficit is but they all can tell me that Romney is “wishy washy”, is only for rich people and will take away their “right” to an abortion.

      Report this comment

      AvengerK  
  • Ghandi was a Republican
    Posted on November 13, 2012 at 11:35am

    There is nothing funny about this.. Funny is not the word. We have an intellectual vacuum in is Country, and they vote. Nobody should be allowed to vote without unlocking the machine with a simple test naming the 3 branches of Government to prove that they have a clue as to what they are voting for… Pretty simple.

    Report this comment

    Ghandi was a Republican  
  • AlternativeOne
    Posted on November 13, 2012 at 11:26am

    /sigh…… We going to hell.

    Report this comment

    AlternativeOne  
  • BlackCrow
    Posted on November 13, 2012 at 11:24am

    This is going to have to get worse before it gets better. Don’t worry it will! These people all need to have this land right in their laps before they “get it” and by then it is going to be WAY to late.

    10 out of 10 idiots support Obama.

    Report this comment

    BlackCrow  
    • Goobergregory
      Posted on November 13, 2012 at 11:46am

      Well some of them in Ohio get to find out in January when the food assistance goes down but the prices go up! Good on em I say… They will find the cliff well before those of us who have been preparing and taking care of ourselves will…

      Report this comment

      Goobergregory  
  • NobleDar
    Posted on November 13, 2012 at 11:20am

    half the country knows of the fiscal cliff and believe it is where they dump the old people to sick for obama governed health care. It is in DC I believe?

    Report this comment

    NobleDar  
  • noslave
    Posted on November 13, 2012 at 11:19am

    like all the lemmings who voted for obama,with just the promise of more freebies to come??,it will be entertaining when they jump over the cliff?and realize the freebie pool they think their diveing into has no water??

    Report this comment

    noslave  
  • skiz
    Posted on November 13, 2012 at 11:18am

    Welcome to serfdom! USSA

    Report this comment

    skiz  
  • RaydocX
    Posted on November 13, 2012 at 11:12am

    don’t forget Obamaphones, G.

    public education at work, sadly… teach to a standard, rather than teaching to educate or to challenge kids to learn more.

    how else can they reinforce the 47%, though. The Left WANT everyone to be sheeple.

    It is depressing how many people know so little… it really isn’t common sense, is it…

    Report this comment

    RaydocX  
  • Rothbardian_in_the_Cleve
    Posted on November 13, 2012 at 11:09am

    The story goes that as Benjamin Franklin emerged from Independence Hall at the close of the Constitutional Convention in Philadelphia on September 18, 1787, a woman asked him, “Well Doctor, what have we got, a republic or a monarchy?”.

    Mr. Franklin replied, “A republic, madam – if you can keep it.”

    Will someone let Ben know that we couldn’t? Thanks in advance.

    Report this comment

    Rothbardian_in_the_Cleve  
  • Chromo200
    Posted on November 13, 2012 at 11:09am

    Why would they care .. MSNBC, Colbert and Stewart have not talked about it and given them their opinion to parrot back. You see why Obama got elected, the Zombies have no idea what all of this about.

    Report this comment

    Chromo200  
  • lainpa
    Posted on November 13, 2012 at 11:08am

    Okay, I don’t find this funny. These idiots probably voted for obama. You needed to ask them this question before they walked into the voting booth!

    Report this comment

    lainpa  
  • Gonzo
    Posted on November 13, 2012 at 11:03am

    Now, ask them about Snooki and they’ll have all the details. Take a good look, this is how we end up with Obama for 8 years.

    Report this comment

    Gonzo  
    • RJJinGadsden
      Posted on November 13, 2012 at 11:15am

      Just saw Jay Leno’s bit on Fox from last night where he was talking about how we are aimed at that Fiscal Cliff right now and the nation just elected a president whose motto is “Forward.” I’d have to say that Jay is spot on this time.

      Report this comment

      RJJinGadsden  
    • naughtycal
      Posted on November 13, 2012 at 11:21am

      Obama might get impeached before he even starts a second term….He has done several things his first term that could allow Congress to start the process

      Report this comment

      naughtycal  
    • Gonzo
      Posted on November 13, 2012 at 11:30am

      Impeached. Sorry brother, but that is laughable. We still had a few guys with balls in The House when Clinton got impeached and we still couldn’t get a conviction in the Senate. You honestly think there are enough men in Congress with guts enough to go for it now? Hell, Holder was held in contempt of Congress and and he just signed on for another four years!

      Report this comment

      Gonzo  
    • grayling646
      Posted on November 13, 2012 at 12:23pm

      I would join you in your dream Naugh but the sun’s up.

      Report this comment

      grayling646  

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