We're heading toward a fiscal cliff!
Are you scared?
The mania surrounding the Budget Control Act's January 1 deadline is almost laughable. Especially when you realize that whatever "deal" they manage to conjure, it'll amount to nothing more than kicking the can further down the road. Why anyone takes politicians seriously anymore — particularly this bunch — is something I'll never understand.
First of all, the "fiscal cliff" is merely a trendy buzz phrase — meant to frighten taxpayers — for the legal trigger that will force the federal government to cut spending and raise taxes. "Going over the fiscal cliff" simply means that the federal budget deficit would actually get cut in half. That's right. Are you still scared?
I didn't think so. Being that the public overwhelmingly (65%) favors across-the-board spending cuts, that's not Very Scary at all, now is it?
Of course taxes going up anytime and anywhere is an attack on private property, as well as detrimental to the economy. But that's not really what the politicians and mainstream commentariat on either side of the partisan divide are worried about. They're worried about reducing government spending.
Unfortunately, the commentariat falls for the Keynesian claptrap that if government reduces spending (by even the tiniest amount), the economy will fall into an economic death spiral. On the other hand, politicians worry about reduced government spending because, for them, spending means power. And nothing scares a politician more than losing power. Especially the power born of doling out trillions of (other people's) dollars.
Never lose sight of the fact that this so-called "fiscal cliff" was completely manufactured by Congress and couldn't exist without them. That's right! Our current Fiscal Saviors are the same useless morons who
couldn't figure out what to do didn't bother doing a damn thing meaningful last year, resulting in the Budget Control Act of 2011 — the source of their latest histrionics.
Because they lack the virtue and fortitude required to face the piper and pay for their extravagance, your "leaders" must now destroy — in the 11th hour, no less — the make-shift construct they built just over a year ago, in order to erect, yet again, another temporary "solution." In their defense (I suppose), it's obvious that voters lack the necessary fortitude as well. Huh? What else could possibly explain why the public continue (although in decreasing numbers) their support of these two awful — Democratic and Republican — dens of thieves?
It's the Spending, Stupid!
No other government, ever, has even been able to dream of confiscating as much wealth as the US federal government does today. It is by far the most well-funded State in all of human history. Yet they're totally flat broke. Busted. Actually it's much worse than that — they're upside down teetering at the edge of default.
And some folks insist on calling these imbecilic clowns "leaders"?
Give me a break.
It's hardly rocket science. Spending more than you have is always foolish, and government is no exception. Yet neither side has bothered to bring meaningful spending cuts to the negotiation table. Of course there will be no austerity for Our Rulers … that would be "Draconian!"
But they're A-Okay with sticking American taxpayers with draconian tax hikes … lots and lots of tax hikes … Defaulting on Medicare and other government "services" is acceptable to them too. The peasants must
suffer, er, uh, participate in "shared sacrifice." But the Rulers cannot … It's for the children, dontcha know?
But what's so "draconian" about reducing federal spending to 2008 levels, which would actually balance the budget? Yes, that's it. 2008! Yet neither the Republicans nor the Democrats, dare speak a word. Because that would mean reducing the size, scope and power of government (not even by a significant amount), and neither party is willing let go of even a penny's worth of their arbitrary power.
So as long as they can keep using your money to buy themselves power, the song will remain the same. The denizens of DC will be more than happy to continue robbing you blind … and straight into the poor house.
Truth is, there's no excuse for the government's spending to be as high as it is; nor for government's debt to be as unbelievably extreme as it is; nor for our taxes to be as high as they are today either. None whatsoever. No legitimate excuses at all. The current "fiscal cliff" crisis is just the logical outcome of a bunch of narcissists and psychopaths kicking the can forever down the road.
Hey, since they'll be out of office and long gone, why would they bother giving a crap about future generations? You silly citizen.
Den of Thieves
Politicians — both left and right — are the problem. Politicians are solely to blame.
You and I didn't run up trillions of dollars of debt. The politicians did. You and I didn't make promises we couldn't (ever) deliver. Politicians did. We didn't set fiscal policy, monetary policy, or write the tax and regulatory code. They did. Yes, the Evil 1% who make up the State are solely and irredeemably to blame.
Yet now that they backed themselves into a corner before managing to make things even worse, they want you and I to bend over and cough up more of our hard-earned income. Huh?
They can bite me.
As Charley Reese pointed out in his famous essay, "The 545 People Responsible For All Of U.S. Woes":
One hundred senators, 435 congressmen, one president and nine Supreme Court justices - 545 human beings out of the 235 million - are directly, legally, morally and individually responsible for the domestic problems that plague this country.
When you fully grasp the plain truth that 545 people exercise power of the federal government, then it must follow that what exists is what they want to exist.
If the tax code is unfair, it's because they want it unfair. If the budget is in the red, it's because they want it in the red.
There are no insoluble government problems. Do not let these 545 people shift the blame …
[D]o not let them con you into the belief that there exist disembodied mystical forces like "the economy," "inflation" or "politics" that prevent them from doing what they take an oath to do.
Those 545 people and they alone are responsible. They and they alone have the power. They and they alone should be held accountable by the people who are their bosses - provided they have the gumption to manage their own employees.
Partisan arguments are complete nonsense. Both the Democratic and Republican parties are utter embarrassments. Both are criminally to blame. Both have had more than enough opportunity and time to do something meaningful about it. But they refused.
Why? Because they didn't want to then, and they don't want to now. They've got their own interests to protect. A multi-trillion dollar budget buys a whole lotta power and prestige. They will steal your very last penny before anyone dares try to take their power away.
Stop corporate welfare? Nope. Stop welfare for dependent dictators? Not a chance. Stop spending on "green energy" boondoggles? That's for the children … "We" (the collective peasants) gotta pay more taxes!
Well, I've got an idea for them if they need to raise taxes so bad … They can go ahead and raise taxes on themselves! They can start with, say, a 90% income tax on all politicians. All sources. No deductions. Then at least a 50% income tax on all their bureaucratic minions. Again, all sources and no deductions.
Sure, this simple tax plan wouldn't possibly raise enough money to pay off the debt (which is mathematically impossible), but at least it begins to put the consequences where they belong … on the politicians and bureaucrats directly responsible (in every way) for this insurmountable mess of debt. As for the rest …
We can either starve the beast or starve the People.
The choice is yours.
Do you have the gumption to manage your own employees?
Yes, that's right. Politicians are employees, not leaders.
Are you willing to take their power, privilege and control away? Or would you rather take the easy way out, and keep pinning your hopes on the lies of the establishment parties as they continue robbing you blind?