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Welcome to the Fiscal Mountain

Still not certain we'll get a tax cut bill passed. Nothing yet on spending. A debt ceiling issue that won't be going away anytime soon. Unemployment that must not be tolerated to linger far above historical norms. A Eurozone that forever threatens to pull the world's economy underwater. States increasingly facing debt burdens that threaten insolvency. And on top of it all, we can't pass a basic budget.

2013 is shaping up to be a rough year. Happy New Year!

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About the Author

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David Frum

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.

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