Name: What we learned from teetering on the fiscal cliff
Uploaded: 2012-12-20T16:09:04Z
Duration: 19 min 31 s
Description: At the end of 2012, the US political system was headed for the "fiscal cliff" -- a budget impasse that could only be solved with bipartisan agreement. Adam Davidson, cohost of "Planet Money," shares surprising data on how bipartisan we truly are -- and hints at the disconnect between representatives and the people they represent.

At the end of 2012, the US political system was headed for the "fiscal cliff" -- a budget impasse that could only be solved with bipartisan agreement. Adam Davidson, cohost of "Planet Money," shares surprising data on how bipartisan we truly are -- and hints at the disconnect between representatives and the people they represent.

Adam Davidson: What we learned from teetering on the fiscal cliff

What we learned from teetering on the fiscal cliff

A bipartisan agreement to avoid the fiscal cliff could signal to the world the US's capability to resolve internal disputes.

Despite bipartisan support, political incentives delay fiscal resolutions until crisis points, risking economic stability.

Americans, including a large independent block, largely agree on key fiscal policies, showing unexpected bipartisan pragmatism.