Nov 21 2012
Hard to believe this, but after a lot of thought I think the best path forward for this nation is to let Harry Reid and President Obama have their way and let sequestration go into effect. The Tea Party/Libertarian in me has concluded that another round of deficit spending and kicking the can down the road is worse for this nation and its families than letting this fiscal debacle play out. Time to go over the cliff.
Here’s the problem. As of now each man, woman and child owes over $50,000 each on the national debt now accrued (one third of which was created under Obama/Reid/Pelosi). If we don’t cut the spending spree, we will die a slow Greece-like economic death. Those of us past ‘mid-life’ will likely be OK, but our kids will inherit an economic mess, which will lead to violence and probably war. That is what happens when rot takes out the governing paradigm and leaves a vacuum.
Besides that, the nation voted in more of this madness so let’s get it over with and determine if Government-Trickle-Down can really work (it can’t of course).
My fear is we are a nation of what is known as boiled frogs right now:
The boiling frog story is a widespread anecdote describing a frog slowly being boiled alive. The premise is that if a frog is placed in boiling water, it will jump out, but if it is placed in cold water that is slowly heated, it will not perceive the danger and will be cooked to death. The story is often used as a metaphor for the inability of people to react to significant changes that occur gradually.
In our case, the slowly warming water is our rising national debt. It is consuming us and the next two generations as I write this post.
So I suggest we turn up the heat and figure out if that fixes the problem, or causes the nation to wake up.
Yes, it will be hard on many people. However, I also think it will be short lived, like the government shutdown was under Clinton. And it will initially be limited in scope. The spike of pain is probably worth it if we finally realize the kind of fiscal hot water we are in.
Besides, this time no one can blame only the GOP since the bill in question was signed by President Obama and supported by Harry Reid. I think once the heat hits the Dems as well, it will begin to sink in that all economies thrive on the private sector, not the leech that is government.