- Fiscal collapse from massive debts and deficits,
- Economic sclerosis from metastasizing, omnipresent regulations and
- Social stratification from the growth of secular, libertine religious values
the fiscal cliff deal would have changed none of them. If it's not tackling any of our top three problems, I don't see why the event is such a big deal.
I guess the issue is that if the political class can't come together on even a modest approach to nibble at problem #1, they're never going to be able to do anything serious about any of them. Having occasionally peeked between the fingers I held up in front of my eyes during the election campaign, I still don't see why this is a surprise or a big deal. The party that won the White House and Senate doesn't even admit that these three things are problems. In fact, they pursuing all three with vigor. How a vote in the House was going to change that, I'm sure I don't know.
2 comments:
As usual, clear, concise summary of the situation.
Carry on.
Thanks, Jeff!
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