Thursday, November 15, 2012

Bono worries about the fiscal cliff

Bono is looking at the challenge facing the US economy as the Bush tax cuts expire, and frets about the fiscal cliff:

“There’s real jeopardy,” Bono said Wednesday at a discussion at the World Bank with bank President Jim Yong Kim. “I’m still terrified of people wrestling the wheel of this mad lorry that they’re driving off the cliff.”
Bono is afraid that the cuts made as the economy throbs through its change will hurt the poorest.

Interestingly, Bono's focus is on what shouldn't be cut, rather than who should be properly taxed.

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