Hardball   |  December 06, 2012

Matthews: This is a fiscal cliff, not a bungee jump

Chris Matthews says that what goes down doesn’t by necessity need to come back up, and that it’s important for this fiscal fight to be settled right the first time.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> let me finish tonight with this. this fiscal cliff we talk about, i'm afraid, is no bungy jump . what doesn't go down doesn't by necessity go back up. this is why i'm warmed that the president is working here for an early deal, one before christmas. this country needs to get back on its feet economically. we went under financial chaos under work. president obama came in to right things. he's been doing it, gradually getting us to forget how bad things were. they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on time. he knows it's an unclear dimension, nobody knows , i don't know, how bad the whirlwinds will be if we fail to do this on time. and one thing for certain, there's no guarantee that a huge drop in faith by the world economic markets will be followed by a quick rebound. as i said, this is a real cliff, not a bungy jump . that's "hardball" for now. "politicsnation" starts with al sharpton .