What the "Fiscal Cliff" Means for You

8:26 AM, Nov 13, 2012   |    comments
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If the country goes over the "fiscal cliff," economists are projecting a drop in GDP by half a percent.

That's about an $80 billion devaluation of the US economy and a return to unemployment rates above 9 percent.

That's a loss of two million jobs, which means the US goes back into recession.

David Earl explains what the fiscal cliff means for you. Watch the video in the player above for more.

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