Fiscal cliff was bound to collapse
Fiscal Cliff,Barack Obama,Washington DC,US Congress,Banking And Finance,Economy And Jobs,Economic Policy
From the Left
AllSides Media Bias Rating: Lean Left
So I remember thinking, when Congress and President Obama concocted the supercommittee on the deficit -- and the fiscal cliff as a last resort if all else failed -- that it was a generally boneheaded, albeit necessary, idea.
Conceived in desperation as a way to come up with a deal to raise the debt ceiling (and pay our bills) in the summer of 2011, it seemed like the only way out: a way to agree to do what needed to be done in the short term and to force action in the long term on the bigger picture.
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