The Fiscal Cliff: The Opposite of North Korea

Congress’s failure to meet a deadline may meet the hopes of the Founders, whose wish for Government above all was that it not have too much power.  Maybe paralysis is preferable to plenipotency (if that’s not a word, it should be)  — though neither is to be wished.  America is going to get through this republicanly (that should be a word, too, like democratically — neither with a partisan meaning).  Maybe only by lurching from crisis to crisis.

If partisan rancor bothers us, at least we’re better off than when Hamilton and Burr  agreed to disagree by deciding to duel to death.


Author: patoglesby

From 1982 to 1990, I worked in tax policy for Committees of the United States Congress. In recent years, I was Adjunct Lecturer at UNC-Chapel Hill's Business School and then Adjunct Professor at its Law School.

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