Fiscal Cliff

Advanced 🏛️ Government / Politics

Definition

A terrifying economic deadline that politicians invented to scare themselves into doing their jobs, which spoiler alert, rarely works. It's like procrastinating on a group project except the group project is the entire national economy.

Example Usage

"We're approaching the fiscal cliff, which means Congress will wait until the absolute last second to act, like a college student writing an essay at 3 AM the day it's due."

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