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Steven Malanga Discusses the Fiscal Cliff on ‘Wilkow!’

Dec. 3, 2012 6:34pm Christopher Santarelli

With 29 days until the Fiscal Cliff, Steven Malanga of the Manhattan Institute joined “Wilkow!” to discuss the inevitable realities of tax increases hitting the middle class outside of the cliff, business optimism for January 1, and when the American public will realize what they voted for in term two with Barack Obama:

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Comments (2)

Blacktooth
Posted on December 3, 2012 at 8:52pm
The problem with mankind (us) is we are too optimistic for the future. As a group, we do not want to see things and events the way they really are. We do not want to see it, we convince ourselves we can handle it, we can fix it, we can take out a thirty year mortgage and we will always have the ability to pay those monthly payments. Nothing bad will happen to me, my neighbour will have financial difficulties but not me!
We view the decaying world condition the same way. We actually convince ourselves it will get better.

We are a foolish bunch.

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- December4
  Posted on December 4, 2012 at 5:42am
  No one is talking about the fact that no matter what happens with these current negotiations, we are still going over a fiscal cliff because of this administrations policies. Read fresh political commentary at: http://smallcraftadvisorychronicles.blogspot.com/
  
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