Back to the stores: Fiscal cliff is on the mind of some shoppers

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  • Economist Salt Lake City, UT
    Dec. 27, 2012 2:26 p.m.

    Either the writer truly has no clue what the fiscal cliff is or his person was just doing what he/she was told. The potential tax regime and sequestration has nothing to do with ex poste consumer spending in 2012.

  • My2Cents Taylorsville, UT
    Dec. 27, 2012 5:34 a.m.

    What does the cost of milk have to do with the fiscal cliff? Milk is not a monetized commodity so this is all scare talk by the Obama news media to kill the economy even more. Fear is socialize best friend, and it works well with volunteering socialism without pay.

    Consumers have no idea what the fiscal cliff means, other than government has a few dollars less, but it doesn't stop them from spending anyway. Obama has gone without a budget for 5 years so it can't be too important for the economic situation if you are a democrat or socialist.

    The damage has been done to the economy and reality is only prospect for consumers. If consumers would abandon the debt life style, (credit/debit/gift cards) they could become wealthy and prosperous and independent from that worry.

    Debt is why consumers are being attacked by Obama and the news media with their fake reports.