At Least not Now
12.26.12 5:30 PM ET
Don't Fix the Debt
In which the CEO of a huge corporation demonstrates a total lack of understanding of what constitutes the fiscal cliff:
The fiscal cliff is many things, but it's certainly not a ticking debt crisis. Ironically, treating is as such would be far more damaging to the economy than most alternatives. Debt is something we should avoid piling up like crazy. It's not something that will spell doomsday if left until the New Year.