Friday, December 28, 2012

Cliff Jumping

Have heard a lot of blather about the "fiscal cliff."  Have observed hard-headed obstinate refusal on both sides to make any effort to compromise in order to avoid the "disaster."


Why is it that we've not heard a discussion of the fact that both sides are getting what they want.  The automatic tax increases and spending cuts will give both sides exactly what they want.  Donkeys will get their tax increases; elephants will get their spending cuts.  Why would anyone want to compromise?

And, truth be told, hard as it will be in the short-term, it might be the best long-term solution to our profligacy.

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