The short lived fiscal cliff

AS THE CLOCK approached midnight monday night, first it was obvious, then it was officila; no aggreement would be reached, we have gone off the fisal cliff. This is very surprising to me, all along i felt a last minute deal would be announced.

the next thing to happen will be the convening of the new congress in early january, immediately by urgent calls by the president to recity what their predecessors wrecked, one piece of legislation at a time, as we climb back up the face of the cliff, and resume our high perch.

There'll just be more drama, rhetoric and sound bites and so forth, and the new congress will be guided by obama back up the cliff. And its too bad, in a way, because, this fiscal cliff, with its tex increases for everybody and its spending cuts, is escatly what we need in the united states, and we should be glad we fell over the cliff, and make no attempt to climb back up.

We should cancel for the time being any cost of living increases or spending increases for social security, medicare, and medicaid, and start means testing immediately. The military should be cut by at least oe third, and money for infrastructure repair, or increased slightly, as debt reduction permits. Legalize vice, like drugs, sex, and gambling, and tax the hell out of it.

Let's raise government reveune, cut government spending, and get our economic house in order, so we can resume economic growth, the right way, with real prosperity, not just paper profits.

As the new years rings in across america, i lift my champagne glass, and say a hearty toast..to the short lived fiscal cliff...