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Block that scary metaphor: The fiscal what?

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Pretend you're a branding expert in a brainstorm. Fiscal. Cliff. Fiscal Cliff. What does that say? How does that feel? "It feels Armageddon-ish, if that's a word," says David Srere, CEO and co-president of the branding firm Siegel+Gale. It feels even more that way if you think about what goes along with a cliff, words like "falling" or "over the edge." "The words communicate the gravity of the situation," Srere says, "and they're, I believe, intended to instill fear of an economic freefall." But most economists say that's not what we're facing. Tax hikes won't bankrupt households, and budget cuts and government layoffs won't all come at once. It's more a fiscal slope, or perhaps a slow fade. Or even a hill. But a cliff? I ask Debbie Millman at Sterling Brands what she thinks about the term. "I mean, we're not Wile E. Coyote here," Millman says. "This is a real situation, but we don't need to fall. We can fix it before we fall off that cliff." She prefers the term "fiscal fix." But all the gurus I talked to agreed that "fiscal cliff" has serious appeal, including brand designer Brian Collins. "Those two words together, it's an instant story," he says. It has tension, and its...well it's a cliffhanger. Collins compares it to the term "acid rain." That image was so powerful, even politicians who hated it couldn't fight it. "The most potent story, the one that gets people's blood running through their veins, is the story that will win," he says. While "fiscal cliff" may not be accurate, Collins says it is a successful brand -- but for the Fed. It keeps citizens' and politicians' attention on budget issues, which is not always an easy things to do.
We asked you for your suggestions on better terms for the fiscal cliff. Here are some of your responses:

About the author

Eve Troeh is a reporter on Marketplace’s Sustainability Desk, filing features and breaking stories on how sustainability issues impact business and the economy.

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Relogic's picture
Relogic - Nov 20, 2012

The Fiscal Cliff is a line in the sand drawn by children to dare each other to cross, distracting from our actual, vast and long term crises of reduced means and clout abroad and self-indulgence at home. Not that such fictions are entirely useless for getting us to do what we ought - just that in time they have a way of displacing reality.
That reality being that we are struggling with our new role as no longer history’s only chosen ones. Observe how at each economic tremor we hear a chorus from wealthy and struggling alike demanding a greater share of this new less. While meantime, in place of living, striving, and creating - the life blood of a free and strong, if no longer all powerful nation – we spend these expensively borrowed hours in continued pursuit of our enervating habits, soaking up the rays of a zombie culture, or making jillions and placing bids on the founding father’s legacy.
Thankfully, if we embrace this change in economic and political climate in time we may yet avert irrelevance. Anti-intellectualism, devotion to beggar thy neighbor business practices, spiritually vacant lives measured in sparkle, square footage and horsepower - these our home grown dysfunctions have not yet killed all national vision. Like charity though, wisdom sprouts in intimate places, namely the inside of each of our skulls.

spkilledme's picture
spkilledme - Nov 14, 2012

Isn't it just an austerity measure? The tightening of the austerity belt. You can decide not to tighten it before the deadline or you can loosen it as you please after the deadline.

HilaryMartinCFP's picture
HilaryMartinCFP - Nov 14, 2012

Oh, Eve. We are kindred spirits. Brava! And I laughed out loud at the rename tweets. Thanks.

RichardTE's picture
RichardTE - Nov 14, 2012

How about clipping off the 'CL' & simply calling it:
The Fiscal Iff?

Real wonks know that iff stands for 'if & only if' ...
http://foldoc.org/iff

kerrymarkbouchard@gmail.com's picture
kerrymarkboucha... - Nov 13, 2012

I feel sad about Fiscal Cliff. After his long apprenticeship as accountant for The Wailers in the 1970's, he went on to found Ska Mutual, the first Rastafarian index fund, and then went on to revolutionize Caribbean investment banking with Ja Provides the Bread -- combining hedge investments, money laundering, and offshore LLC charters in a way that Wall Street and London didn't fully embrace until the early 21st century. Then some spoilsports at the International Monetary Fund noticed that the $1.2 billion worth of hedge investments on Ja's books were actual hedges (about 12 feet tall, pale green, pungent). I guess it was a long downhill slide from there. Still, I was shocked to see the pictures of him being arrested in the U.S. House visitors gallery, wearing only underwear, and flinging poo at the chair of the Finance Committee. I can't help but think that a timely prescription for beta blockers might have averted this tragedy.

Mendacity's picture
Mendacity - Nov 12, 2012

can-kickable calamity

Manuel Mihalas's picture
Manuel Mihalas - Nov 11, 2012

Election out. Fiscal cliff in. Its going to be a boring end of the year.

chuck51's picture
chuck51 - Nov 10, 2012

NLP for NPR!!!!!!!!!

(The Reframing technique)

designr66's picture
designr66 - Nov 10, 2012

FISCAPOLYPSE NOW

aliris's picture
aliris - Nov 10, 2012

Fiscal FUBAR

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