The Looming Fiscal Cliff
The point of all this, and a sad point, is that all of this worry and wonder is entirely self-inflicted -- multiple compromise plans on the budget have already been advanced and shunted aside by both parties. As an investor, I'd like to see Washington just pick a plan and pass it.
But in an election year, that's becoming more and more unlikely -- and the edge of the fiscal cliff just gets closer and closer.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.