foolish headlines keep saying Obama will offer a watered down fix
It won't pass muster with the Republicans. They in turn will offer their watered down compromise and it won't pass muster with the Dems. They both tell their constituents that they did the best they could but the other party is responsible for going over the cliff. No serious negotiations until Boehner is re elected on Jan.3- In other words- Yes- we go over the cliff and volatility spikes for days.