I was listening to this fiscal debate conversation on CNBC as I was driving into the office this morning and I almost had to pull over because I was feeling sick. This type of debate is precisely why we are heading off of the fiscal cliff. There are those in government that believe that we can just continue to spend, spend, spend.
Simpson/Bowles may not be the perfect or the right answer, but it is a step in the right direction. We tell our clients often that you can not be paralyzed by fear. You have to be able to take the first step to solve a problem or put together a plan. To do nothing is actually the worst decision that you can make.
Same theory applies to our national economic situation. No matter what side of the isle you are on.
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