Judging by the rumors coming out of the media, it appears that we have a deal to avert the fiscal cliff. This is troubling on a number of levels. First, the deal will be agreed to by the outgoing Congress--what we at the Duck are ashamed to call the lame-duck session--instead of the Congress just elected, the one that includes Elizabeth Warren instead of Scott Brown and Claire McCaskill instead of Todd Akin. Second, and related, on its merits...
