More Money Spent Equals More Debt
President Obama said in his post election speech "the best is yet to come" so how does that impact the economy? A day after the election, the markets took a nose dive almost 300 points. Is that the Obama selloff? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business' Varney & Company to discuss if Obama increases taxes as part of trying to avoid the fiscal cliff does that translate to more debt.