The Fiscal Cliff

Well, it was created when the Rs made it a condition of extending the debt ceiling (which they falsely portrayed as a curb on future spending, but was actually just approving payment on spending already approved), but here we are trying to figure out what to do next.  If we do nothing, come Jan 1 the carriage turns into a pumpkin and we get hit with both tax increases and spending cuts.  Everybody thinks that's bad, but we're on our way there.  I defer to my favorite rational thinkers, the Fact-Check people.  Think what you will.  I don't know the way out either.