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Business Daily: America's Game of Chicken

Mitt Romney and Barack Obama point fingers at each other

02/11/2012

America's Game of Chicken

BBC World Service - Business Daily, America's Game of Chicken

How America is racing towards a "fiscal cliff" in a terrifying game of chicken.

America is racing towards a "fiscal cliff" in a terrifying game of chicken.  Two giants of American economics debate what will happen next...

President Obama and Mitt Romney are playing a game of chicken with the American - and, indeed, the entire world - economy. Neither has said how they will steer away from the impending "fiscal cliff" - the $600 billion of tax rises and spending cuts due in January.  

Two giants of American economics discuss what happens next: Robert Reich, Secretary of Labor in the Clinton administration and Douglas Holtz-Eakin is the former economic advisor to John McCain.

Plus: why is one of the world's biggest oil producers rationing gasoline?

(Image: Mitt Romney and Barack Obama's pointed fingers, Credit: Getty Images)

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