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US consumers see no cliff

Nov 29 2012  Consumer confidence in the US is climbing despite disposable incomes flatlining for five years, suggesting few worries about the looming fiscal cliff. James Mackintosh, investment editor, points out the worries among chief executives and warns that even if the fiscal cliff becomes a fiscal staircase, it could still be an uncomfortable climb down.  (3m 46sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.
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