Fixing the Fiscal Cliff

Unfortunately the moniker “Fiscal Cliff” itself projects
visions of the U.S. as Wile E. Coyote discovering on January 1, 2013 that the
ground is no longer beneath his fast-spinning feet. Cut the camera shot to his
crumpled mess lying on a much lower level than where he started.

Not solving the economic mess encompassed by the fiscal
cliff (automatic tax hikes and across-the-board cuts) won’t be that quick, and
it won’t be that disastrous. But it won’t be good. Unlike Wile E. who is A-OK
af...