Time to Embrace the Fiscal Cliff

Time has run out. It seems clear to me that the fiscal cliff is dead ahead of us, and there is little hope left of anything much more substantial than the most superficial "can kick" of three to six months. And that isn't going to increase confidence one iota. It's time to look at the positive side of this, if there is one, and "embrace the cliff."

It's not like I'm hoping for this, but two years of inaction that have included a debt-ceiling crisis and bond downgrade were supposed to have been settled by our recent election....455 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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