# Prof. Thomas Cooley discusses the fiscal cliff

1 Faculty News December 3, 2012 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from the [Financial Times](http://video.ft.com/v/2008689194001/US-housing-groups-brace-for-fiscal-clif) -- "I think that the worst consequence of the fiscal cliff is that it's really taking attention away from what really needs to be done for the long run."

[Watch the video](http://video.ft.com/v/2008689194001/US-housing-groups-brace-for-fiscal-clif)