Home › Forums › Financial Markets/Economics › 401k and Mortgage deduction are on the table › ocrenter wrote: personally I
[quote=ocrenter]
personally I don’t think going over the cliff is that big of a deal for the long term. we will of course get a lot of short term effects.[/quote]
Agreed. I’ve always believed the best solution to our debt/deficit problems is to go off the “fiscal cliff.”
As you’ve said, we would certainly have some short-medium term effects (and some long-term ones, too), but it needs to be done.