The Fiscal Cliff, borne out of a concern over the national debt, gets our nod as the biggest lie of the year.
Both Democrats and Republicans say the national debt is the biggest issue facing America today, and they are wrong.
The biggest issue is building an infrastructure for the 21st century. The infrastructure including trains (not roads), four year college degrees (not two year), high speed Internet access for all (not dial up), mixed zoning (not Euclidean), reducing the inequality in wealth (not corporate welfare) and health insurance (finally, here's one where we've made a start).
As Paul Krugman ceaselessly and uselessly points out, the U.S. does not have a big debt problem. Oh wait, we do have a debt problem - - the student debt problem.
Nine Shift predicts that Congress will address 5% of the national debt problem in 2013, then declare victory and move on to other things.