OMG! It's the Fiscal Cliff!

[tw]

Is a fiscal cliff destructive? If yes, then someone is saying why with specific numbers. Nobody is. Why so much fear? Businessmen do not like unknowns. Bottom line: nobody knows what the fiscal cliff will do. Nobody knows quite how to plan for it. That lack of prediction and planning - not the actual cliff - has created fear. The cliff itself is not that destructive. The need to adapt to change scares the shit out of finance people.

Some businesses must adapt accordingly. Others will see no change. But due to spread sheet models that cannot define change or innonvation, then many businessmen are hyping an end of the world. Ironically setting up Republicans to become scapegoats just like Newt Gringrich was when he foolishly tried to shutdown government.

The fiscal cliff means many companies living fat off government must become more productive, search for new markets, or be properly punished by bankruptcy (what destroys bad management). Since many business managers have no idea how the work gets done, then they will be exposed as incompetent by a need to change. That incompetence - not the actual cliff - is probably the source of much fear.