What is the fiscal cliff ?


it's went over.

in nutshell, government spending 4 times more brings in in taxes. thus, causing have borrow more , more money. once our lenders (like china) tired of not getting enough return on money, quit lending. then, u.s. government has no real choice start printing money causing run-away inflation.

so, essentially, it's money (really currency) becoming worthless. research happening in greece.

it's you're asking question @ such young age. unfortunately, don't "educate" young adults more.

im 15, still learning, it, know taxes, im not understanding it.


Politics & Government Civic Participation Next



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