Now that the national elections have finally played out there is much talk about the financial cliff. That is the mandated 10% budget cuts and letting the Bush administration tax cuts expire. It seems most of the media treats this event as some sort of catastrophe but in my usual contrarian ways  I just don’t see it that way. Even though I am strongly a social progressive, I am also a fiscal conservative. So here is my take on this matter.

I can’t understand why Ohio is supposedly one of the swing States in this election.  They have gone from 48th in Job creations in 2008 to 4th in 2012.  That is the most dramatic change of any State in the Union.  Of course this is the result of President Obama giving loans to the auto industry which is a large employer in Ohio. I could really say the same thing about my home State of Indiana. It has gained much from those same loans but of course it is usually a solidly “red” State so sadly to say it is not on the fence.