Perhaps, the first question should be "Is there truly a fiscal cliff?" I think there is a fiscal cliff that would probably effect the middle class first and more than anyone and then the economy begins to suffer. If the tax break for the middle class kicks in then surely buying will slow significantly on those things beyond the necessities. This will surely effect the economy and businesses. The business world realizes this and that is why they are pushing the GOP for a deal and sitting down for discussions with the President. They realize that tax cuts on the wealthy are insignificant in the face of anything that would slow the economy and stall this recovery. In short, I believe there is truly a fiscal cliff in that the expiration of the middle class tax cuts will endanger the recovery. So, what do you think?
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