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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

Young people recreate the iconic ‘Peanuts’ dance, bringing wholesome joy to all ages

12 unforgettable side-by-side photos of people over 100-years-old with their younger selves

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Get stories worth sharing delivered to your inbox.

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