Chart of the day: Gauging the fiscal cliff

Leon LaBrecque, chief strategist and founder of LJPR, a firm managing over $470 million in assets, presents a post-election chart to help explain the various components of the fiscal cliff.
“We have created a chart to gauge the overall potential effects of the looming cliff. This chart focuses on the magnitude of each component of the cliff; danger zones, who is impacted — and to what extent — as well as likely fixes and the probability of those fixes actually taking place,” said Mr. LaBrecque.
“We believe this chart is far-reaching and a valuable resource to most individuals, directly addressing the biggest tax increase/spending cut in history.”