FRIENDS AROUND THE WORLD, if ever you have wanted to see the united states of america take a bitter dose of its own medicine, your chance may be coming, very soon, as soon as tomorrow, january first, 2013, less than eighteen hours away.
The "fiscal cliff" as it came to be called, was intended as a way to guarantee future cooperation between the two stalwart, and all too similar american political parties. What will happen tomorrow was deemed two years ago as being so undesirable that the politicians would be willing to do anything, even cooperate, to avoid it.
Willingness to cooperate, as a last resort. If all else fails, cooperate. Now, that's pathetic. Pathetic that basic human cooperation and compromise must be coerced into simply doing what is right.
it turns out that even if no agreement of the national budget is reached, and the great plunge occurs, we will immediately begin doing everything possible to climb back up. A new congress will take its place in early january, with many new members, and legislation will be introduced reversing much of the results of the fiscal cliff.
They should reverse nothing, they should just let it happen, and leave it alone. We americans are so spolied by low taxes and huge government spending that we are simply not willing to do without either. And yet, to heal our ailing economy, we must, sooner or later, do both; raise taxes, and cut spending.
That's the way it is when you are sixteen trillion dollars in debt. Its just a matter of how long we keep postponing the inevitable.
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