"It would be much better for fiscal policy makers to simply remove the cliff," writes Strategas,...

|By:, SA News Editor

"It would be much better for fiscal policy makers to simply remove the cliff," writes Strategas, noting negative economic growth typically brings with it a drop in the S&P of about 30%. Negative economic growth? It's sure to come. David Kotok reminds the hit to households from the tax increases will be 5-7%.