Let’s break this down so even Mongo would have understood…

The ‘fiscal cliff’ that media heavies and dishonest politicians are fretting over in high drama can be described in one sentence. It is a combination of 1) the tax hikes headed our way on Tuesday January 1st, and 2) the automatic $110 billion in spending cuts to be imposed.

Only in Washington DC can a crisis be created from nothing, since…a) pro-growth legislation that would solve the tax-rate problem has been hidden away in the Democrat-controlled Senate; and b) that $110 billion in spending cuts is merely 3.1% of the Democrats’ planned fy2013 expenditures – spending that, judging by 2012 , will be $1 trillion more than what they’ll generate in revenue.

(Did you notice a common thread in the above? Hint: the answer starts with a “D”.)

Our idiots, sorry, leaders in Washington – aided by the media – offer up for your viewing pleasure this ‘Theater of the Absurd’, in the hope that you’ll buy tickets to a show where

1) they created a crisis by NOT doing their job, and

2) wring their hands and wail over cutting expenditures…of money they WON’T HAVE.