Thursday, August 25, 2011
Monday, August 01, 2011
Was Anything Accomplished?
Did our heroes in Washington really save us from the Armageddon they threatened? Maybe if interest rates went up a little it would scare people into buying before rates went higher. Maybe if some government checks weren't mailed people would run out and get or create jobs.
Obama caved in on everything just to push the problem into the future past 2012 so he wouldn't have to deal with it during his re-election campaign. The Right got to cut some entitlement programs (affecting peoples' welfare) and the Left got to cut national defense (affecting peoples' security). But the big federal government with all its bureaucracies gets to keep growing. More importantly, the "crisis" was "solved" before Obama's big 50th birthday bash on August 3rd and Congress' big month-long August vacation.
The Tea Party - modern day fiscal Jacobins in our budgetary malaise - continued to terrorize the Washington status quo with an economic guillotine and was the only group that stuck to its principles. The Left is still desperately clutching their beloved socialist tenets but Keynesian economics has failed them and may prolong the recession as it did the 1930s depression. Accountability is probably the only solution but the only accountability we have are rigged elections where politicians get to live and get rich off the system for most of their lives - and have the gall to call it public service.
Obama caved in on everything just to push the problem into the future past 2012 so he wouldn't have to deal with it during his re-election campaign. The Right got to cut some entitlement programs (affecting peoples' welfare) and the Left got to cut national defense (affecting peoples' security). But the big federal government with all its bureaucracies gets to keep growing. More importantly, the "crisis" was "solved" before Obama's big 50th birthday bash on August 3rd and Congress' big month-long August vacation.
The Tea Party - modern day fiscal Jacobins in our budgetary malaise - continued to terrorize the Washington status quo with an economic guillotine and was the only group that stuck to its principles. The Left is still desperately clutching their beloved socialist tenets but Keynesian economics has failed them and may prolong the recession as it did the 1930s depression. Accountability is probably the only solution but the only accountability we have are rigged elections where politicians get to live and get rich off the system for most of their lives - and have the gall to call it public service.
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