Wednesday, January 2, 2013

Cliff-diving 101....

The catastrophe has been averted for now, but this isn't a win, it's only a time out. The real heavy lifting is all ahead yet. They didn't go over the cliff, but they're still walking along its edge, looking for a better spot as the debt ceiling gets closer, and the old problem of raising the roof or lowering the floor is faced again. Balancing their income with their outgo isn't easy, because there's a huge pork barrel in the way.

The good news is, it's 356 days until Christmas, unless you are Eastern Orthodox, in which case it's only 5 days away. And once again, I got what I asked for - the second of January. And it's a whole year until the next one.

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