Tragedy has taken the "fiscal cliff" off the news, but the clock ticks on. So I looked up this summary piece on just what the cliff is.
I say, let it happen. The tax hikes are what the left wants, they just want political cover with so called middle class rates. The right wants the spending cuts. And all these measures were approved by Congress and the President.
It's a way to get serious about the deficit. What's wrong with that ?
The ‘Fiscal Cliff,’ Explained - NYTimes.com