Moyers & Company: Fiscal Cliffs and Fiscal Realities (Enhanced DVD)

Moyers & Company: Fiscal Cliffs and Fiscal Realities (Enhanced DVD)
When it comes to Congressional management of the nation’s budget, for example, what do terms like “fiscal cliff” mean?
Item Code: FI-52773

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Product Description:
The mediated landscape of financial dealings seems to obscure the actual policies and their enforcement behind the scenes. In 2012. U.S. Federal Reserve Chair, Ben Bernanke, used the term “fiscal cliff” to characterize projected reduction of the deficit. Describing the risk posed without massive reduction in government spending and much needed tax hikes before the House Financial Services Committee, the country was facing imminent economic troubles ahead.  

Some economic policy analysts suggested that the term would be better articulated as a fiscal climb, rather than major risk, nevertheless, the country was poised to wait anxiously as new fiscal legislation was reviewed by Congress and the Federal Reserve, in the interest of combatting the dual economic threat of a national deficit escalating exponentially, and a global market gone awry.

Critical suggestion, or minor inference in concept, the term fiscal cliff remains a signal for public sector governance of fiscal policy directly correspondent to recommendations made by the non-governmental oversight body the national General Accounting Office (GAO) responsible for review of proposed deficit reductions that cease or incite a fiscal-cliff scenario.

In this episode of Moyers & Company, Bill Moyer takes an independent look at how the economic and political analysts discuss the terms to our government’s administration of the national budget, and in turn craft policy to balance fiscal health amid fluctuations in public-private trade, and labor market.   

The program culminates in Moyer’s opinion on government corruption, offering that corporate lobbyists backdoor leadership; destabilizing budgetary distribution toward negative end.

Moyers & Company: Fiscal Cliffs and Fiscal Realities
  • DVD
  • ISBN 978-1-61753-435-5
  • Run Time (34 Minutes)
  • Copyright 2012
  • Closed Captioned (CC)

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