Editorial: Danger! Cliff ahead

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10th January, 2013
If you’re not already sick of the phrase “fiscal cliff”, you soon will be. As the calendar counts down to March 1, the new date by which the United States needs to sort out its finances, we’re going to hear it again and again. And again and again and again. There’s another phrase many Americans would probably be delighted to shelve for a while: “kicking the can down the road”. That one hasn’t been quite so prevalent here, perhaps because we prefer the more culturally relevant “kick for touch”. But it has certainly been heard a lot lately in the US in relation to the fiscal ...

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