US Elections Analysis: The "Fiscal Cliff" and the Races for the New Congress
Sunday, October 21, 2012 at 17:43A Democratic ad criticises Minnesota Republican Chip Cravaack for his opposition to President Obama's health care plan
The first two debates between President Obama and Mitt Romney have been political theatre at its most dramatic –-- whether a comedy or a tragedy depends on the audience you ask --- but their dominance of the headline has obscured an answer to the most important question of this election year.
Will the next p#President, whoever he is, be able to work with the newly-elected Congress and find a legislative solution to the problems he will face immediately upon taking office?
The “fiscal cliff”, and America's headlong rush over it, approaches; however, amidst the daily controversies over funding for Big Bird and Mitt Romney's “binders full of women”, neither candidate has addressed how he will work with a partisan Congress to avoid the scheduled tax rises and spending cuts that will not only plunge the American economy into another recession but exacerbate the economic slowdown around the globe.