* * *
Damn, the problem with the new blog is that I can’t go back and say “look Half Sigma was right.”
Well back in November I wrote:
I doubt that we will ever get to find out if I am right that economy would not be that hard hit by the “cliff.” Our Congress is always good at coming to some bipartisan agreement which results in even more deficit spending.
Half Sigma was right, there was a deal in which taxes stay low and government spending stays high.