The Fiscal Cliff: an unusually blunt phrase coined by the typically softspoken Ben Bernanke. More than merely extending the so-called “Bush tax cuts” is involved. Automatic federal spending cuts, non-renewal of the 2% Social Security tax cut, a rise in the estate tax, and severe effects on the alternative minimum tax are involved. And, not surprisingly, the debt ceiling must again be raised. All in a partisan political year! If the lame-duck Congress doesn’t act before the end of 2012, paychecks will be reduced notably starting January 1, 2013. How large a dollar and percentage blow to GDP will this cause? Can the U.S. avoid a new recession if the cliff is not avoided? What are the scenarios for avoiding this dangerous event once the election is past—depending on any of three possible outcomes (one-party sweeps vs. ongoing divided government)? What are the implications of kicking the can down the road again? Don’t miss this urgently important exploration of our near-term future. And why not bring a friend to share the benefits that AAII offers investors?
Attend This Meeting and Learn...
Learn the size and details of this looming economic event
Think about how election results could shape avoiding it
Ask questions of a politico-economic expert
Formulate your “what-if” portfolio strategies in advance
Tuesday, October 30, 2012
6:20 – 7:00 p.m.
7:00 – 8:45 p.m.
5955 South Holly St.
Southwest corner of Holly & Orchard, one mile west of I-25 on Orchard Centennial, CO [ Map This Location ]
In Advance (registrations must be POSTMARKED by 10/23 to qualify for $8 and $13 rate)
AAII Member & Member’s Family, $8/person; Nonmembers, $13/person; Late, $15/person
At the Door
The American Association of Individual Investors is an independent, nonprofit corporation formed for the purpose of assisting individuals in becoming effective managers of their own assets through programs of education, information and research.