Despite Alarm Bells, Fiscal Cliff Did Some Good
It’s too bad Hollywood limits Academy Awards to motion pictures. Although
some great movies attracted huge audiences last year, the melodrama that nearly
scared American small-business owners out of their wits was Washington’s
frightening “Fiscal Cliff: The Disaster.”
Like most heavily-hyped adventure films, the event played out to be less
catastrophic than advertised. Although, according to public opinion polls,
damage was inflicted on Capitol Hill’s cast of characters whose favorability
reached historic lows during the flop, and Congress and the President completely
failed to address out-of-control government spending.
Despite the hoopla, the fiscal cliff’s final act did have a few positive
aspects. Among them:
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