Over The Cliff Or At The Foot? (December 31, 2012)

. . .

E1          “Everyone describes our current federal budgetary mess as a ‘cliff,’ yet we as a society are at the foot of a great summit.”

E2          “Everything is a matter of perspective.  The mix of taxes and spending cuts proposed as part of the ‘sequestration’ are painful and may even lead to a slow-down in the economy in the short term, yet they are a critical first start.  The cuts looked desirable when the Republicans and Democrats agreed to them in 2011.”

E1          “We will not make the right decision unless we realize that we must step up rather than step off.  The ‘can’ they refer to looks more like a 55 gallon steel drum that is not likely to respond to further kicking.  We need to take the first step rather than continue our kicking and screaming.”

E2          “And then Congress must address the budget ceiling in the next two months.  Congress has already spent the money and is allowed, after the fact, to ratify or reject what they already spent.  Some wingnuts are saying they should not raise the debt ceiling.  What Congress needs to do is focus on future spending so that they do not need to ratify their excessive spending in the future.”

E1          “After receiving a bill for goods already provided and services already performed, no citizen gets to decide whether to ‘pay the freight’ or not.”

. . .

[See the “e-ssays” titled A Taxing Explanation (August 22, 2011) and On Uncertainty, Certainment (July 30, 2012).]

[Congress continues to transgression on our civil liberties with another Christmas gift.  http://www.npr.org/blogs/thetwo-way/2012/12/28/168220266/congress-extends-fisa-wiretapping-act-to-2017-awaits-obamas-signatureLast year, Congress gave us the NDAA of 2012.]

Bumper stickers of the week:

Can I pay my MasterCard bill with my Visa?

Can I not pay my MasterCard and my Visa bill?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: