Re "Over the 'cliff' isn't a dive into Armageddon" (Editorials, Dec. 29): Buried in this editorial is the obvious statement that the nation's financial situation improves by taking in more revenues and spending less. But I have yet to see any of the hand-wringers mention how much such changes will reduce our federal budget deficit.
This editorial states the annual take-home pay will be reduced by about $2,000 for the typical California family of four. Projected nationwide, tax increases of this magnitude combined with other tax changes and a paltry $100 billion reduction in federal spending do not come close to erasing a trillion dollar deficit. The bright side of going over the "cliff" is that it may finally dawn on the American voter how deep a fiscal hole both parties have dug for us and future generations with their reckless spending.
-- Wes Hill, Sacramento