31 December 2012

Will they? Won't they?

I suppose that many of them are about my age.  When we were kids, we watched flicks like Flash Gordon where, at the end of each episode, the hero would find himself in an impossibly dangerous situation (sometimes literally hanging from a cliff), only to retrieve his position at the start of the next episode.  But I can't see that happening with these guys:
US Congressional leaders have one more day to stop the threat of steep tax rises and spending cuts, known as the "fiscal cliff", after talks ended with no deal.
Senators will continue to seek a compromise deal on Monday to send to the House of Representatives.
Failure to reach agreement by 1 January could push the US back into recession.
Hey and not only the US.  I am tempted to wonder how Congress gets itself into these situations.  But that way lies madness ...

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