Showing posts with label national debt. Show all posts
Showing posts with label national debt. Show all posts

Wednesday, January 2, 2013

Fiscal Cliff Nonesense

Congratulations congress and American media, your cowardice, capitol hill myopia, and complete inability to do simple economic analysis has resulted in the fiscal cliff being averted; not at all! As Vox Populi correctly ascertains, they are simply kicking the can down the road.  And here is how pathetic congress is; I don't even have to read the bill to know that this is what it will not do, as our government is incapable of doing anything remotely close to actual governing:
  1. It will not raise government revenues as I have pointed out before.
  2. It will not actually decrease government spending; merely slow down the rate of increase
  3. It will continue the crowding out of the private sector.
I can't say I am surprised the GOP caved; a party that couldn't muster a measly $ 100 billion of spending cuts out of a budget that was increased by over a trillion dollars only a few years ago isn't really fiscally conservative. I am a bit surprised on how fast the house caved, not even a couple day fight, but then I have heard from others that I shouldn't be surprised by this. And in truth those that say that are right.

Regardless how this had gone, the writing is already on the wall, and has been for quiet some time (in my mind it was secured after Ron Paul failed to garner the GOP candidacy). This is just another reminder, among many other instances in the past, that there is no such thing as a 'conservative', party in America.  Lip service is given to the constitution; all the while the jackals slowly dismantle it to the peoples indifference, or in some cases, enthusiastic approval. Talks about fiscal responsibility are nothing more than honeyed poison from the tongues of vipers. Expect to see many more betrayals in the near future. We are entering the end game, and the wolves will begin to take off their sheep's clothing.

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Seattle resident whose real name is Kevin Daniels. This blog covers the following topics, libertarian philosophy, realpolitik, western culture, history and the pursuit of truth from the perspective of a libertarian traditionalist.