By Austin McCoy

Reports of a deal between Democrats and Republicans to avert the so-called fiscal cliff finally surfaced a few hours before they all turned to pumpkins at midnight. I know I am not the only one who grew tired of hearing about the fiscal cliff, curb, or whatever metaphor you used to describe the crisis. Actually, I learned that I did not want anything to do with this when I sat down to write because the fiscal cliff negotiations were tiring, and frankly, rather annoying. Yet, in all of my annoyance, the outcomes of these negotiations had very tangible consequences for anyone receiving unemployment benefits, living on Medicare and Social Security, or relying on their payroll tax cut. Yet, the current deal only postpones sequester for two months, possibly setting up another conflict over long-term budget cuts.[1] This aspect of the deal is the most disconcerting. It means the 2012 fiscal cliff crisis signified just one event in what has become a rolling crisis—a series of failed negotiations and compromises that lead to more failed negotiations, weak compromises, and crises.