News & Public Affairs

Nicole Woo analyzes the "fiscal cliff"

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Tags: fiscal cliff, National Priorities Project, budget, CEPR

Nicole Woo, head of Domestic Policy for the Center for Economic Policy Research institute discussed the "resolution" of the "fiscal cliff" She pointed out the over-blown nature of the crisis and the failure to resolve some of the most important areas-namely the debt ceiling which is yet to come. She and others refer to the current economic problems as the "Triple Cliff" and is concerned about the effects to the economy and the average salaried citizen. She pointed out m...