The fiscal cliff. It's not some mysterious outside force exerting its will on us. Our politicians own this thing. They can do the right thing. Whether it's now, before the New Year or somehow, some way in early 2013 with limited or no damage, they can make this right.

Inaction in Washington has already hurt millions. It has kept some people from spending and others from reinvesting. It has helped evaporate wealth many Americans hold in everything from stocks such as AAPL to housing.

If the worst comes out of the fiscal cliff, what has already happened will appear tame compared to the job loss and recession we're likely to face.

Tragedy often puts me in the mood to think positive. Let's hope it delivers some much-needed perspective to Capitol Hill and settles a situation we simply do not need to deal with as a country after, at least in parts, a particularly painful 2012.

--Written by Rocco Pendola in Santa Monica, Calif.
Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.

If you liked this article you might like

Equifax Breach Reveals Frightening Truth: Companies Can Delay Disclosing Hacks

How Alibaba's 'Genie' Smart Speaker Can Overcome the Amazon Echo's 3-Year Head Start and Still Win

Facebook, Apple, Netflix and Google Have Caught the Flu -- Here's How Not to Get Killed By It

How to Play the Coming 'FANG Flu'

Travis Kalanick and the Terrible, Horrible, No Good, Very Bad Week