"We can deny our heritage and our history, but we cannot escape responsibility for the result." Edward R. Murrow could have been talking about the President and Congress as they try to resolve the "fiscal cliff" and the country’s budget crisis.
It reminds me of 2001, when Congress enacted tax legislation that lasted 10 years and then sunset. As I was quoted in a July 2001 Washington Post article, that was picked up by the Chicago Tribune and other newspapers, "[t]he sunset provision in particular is bizarre." (This article is attached.) Now, over 10 years later, we are still in Congressional Bizarro World, with the same uncertainty and planning instability. Does Congress simply kick the problem into the next year or two with no permanent fix? Hopefully not, but if history is any indication, you can count on it.