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Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 465238  
Subject: Re: The Fiscal Cliff-Solving the wrong problem Date: 11/13/2012 7:35 PM
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I am becoming more and more fond of going over the fiscal cliff.

I saw the end-game when this was designed as the 'temporary solution' to the prior debt-ceiling negotiations.

Everyone with a brain knows that the fiscal status quo is unsustainable, but nobody can stay in popularity (keep their elected job) by playing the adult. By using this tactic both sides get to say its the other guys' fault that;
A) taxes are getting jacked up (the right bleeds,)
B) spending is getting muted. (the left bleeds.)

As judges like to say; the best outcome is equal misery.

Its just too bad the "cliff" wasn't 4 times as strong, and designed to prevent reversion to our old sugary habits.
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