Alternative Visions - Fiscal Cliff Deal and Economic Predictions 2012 - 01/02/13

Dr. Jack Rasmus provides an analysis of yesterday’s Fiscal Cliff deal between Congress and Obama, confirming his predictions of the last six weeks, explaining why the next, second phase of negotiations give Republicans and US House of Representatives the advantage.  Expect a focus on Medicare-Medicaid cuts and another ‘Debt Ceiling Debacle 2.0’, similar to the last one in August 2011.  Jack then reviews his economic predictions of the past year and hints at what is to come.