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Perhaps the most important thing to understand about the melodrama known as the “fiscal cliff” that’s been gripping Washington for the past month is how ridiculously overhyped it’s become. In this segment, Bill Moyers turns to two veteran economic minds to help explain why the fiscal cliff is the Y2K of political crises.

Mansur Gidfar

Dec 19, 2012

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Why ‘fiscal cliff’ is an incredibly stupid metaphor.

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More for You

Life-changing hack for more enjoyable, restorative weekends: Sacrifice Thursday

Voice actor explains how to ‘get what you want in life’ by using 3 vocal techniques

Officials thought this floating island was an AI hoax. Then it moved 19 miles.

Funny Texas nursing home bros from ‘Builder’s Club,’ assembling furniture for people in need

Stop struggling with small talk by using the simple ARE method

Get stories worth sharing delivered to your inbox.

Featured

She wrote ‘Killing Me Softly’ on a napkin in 1971. It took decades for her to get the credit.

Only 5 Chuck E. Cheese animatronic bands from 1977 remain in the U.S. Here’s where you can still see them.

‘I pay for two hour lunches’: Dream boss reveals why he doesn’t care how long you take to eat

It took 343 embroiderers in 46 countries 13 years to make one absolutely stunning dress