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One of the interesting aspects of the recent election season was the efforts of pundits and talking heads to sound authoritative while they were making wild guesses about the presidential election, or merely expressing their own hopes about the outcome. As we saw, all of these purported experts were rendered obsolete by a few people with calculators who combined and analyzed the polls that were available to anyone who wanted to review them. We are now faced with another period of uncertainty, due to the imminent expiration of what are still called the Bush tax cuts (even though the former president has asked that they not be referred to by that name), together with the now-ubiquitous fiscal cliff, which political leaders are now scrambling to avoid.

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