Wilbur Ross: Lawmakers Should Act on Fiscal Cliff

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Nov 27, 2012
Well-known Investor and billionaire Wilbur Ross was on Bloomberg to discuss his views on the fiscal cliff. He thinks that there is a good chance of lawmakers compromising and resolving the fiscal cliff.

-- He said lawmakers should be able to resolve the fiscal cliff as the composition of people in negotiating positions is the same.

-- Countries' lawmakers should be fiscally conservative and socially liberal. That is the balance he would like to see in the candidate for the 2016 U.S. presidential election.

Credit and source: www.bloomberg.com, Bloomberg

Here is the video: