If we're using the "market" as our gauge as to what economic policies are the best, than the historically low treasury yields would have to be interpreted as a massive vote of confidence in the faith and long-term value of American debt. Don't know about you lot, but I just got a 30 year fixed at 3.25, so I'm lovin' the market's confidence. Go Obama!
And yes, hurrah for the cliff. I'm hoping we actually go over, and end the stupid bush tax cuts.
Better times ahead!