Implosion is exactly what America needs in order to find its fiscal way.
Give Obama what he wants
Comments | Print friendly | Subscribe | Email Us
The best thing the Republicans could do right now is to give Obama everything that he wants. Those of us who think, rather than feel, understand that Obama’s course will end up with the United States going bankrupt, because there isn’t enough money on the planet, much less the US, to pay for all the goodies the Democrats want to bestow on their favored constituents.
Just to give you an example of how hopeless the situation is, the combined net worth of the Forbes list of America’s 400 wealthiest people is just over $1.7 trillion. So if you confiscate 100% of that wealth you would just have enough money to cover this year’s federal budget deficit and next year you would have to confiscate the combined wealth of tens of thousands more Americans to cover next year’s deficit.
Clearly, raising taxes on “The Rich” will not even come close to achieving its stated purpose, namely reducing the deficit.
And while Republican politicians are posturing liked testosterone crazed Sumo Wrestlers about making sure entitlements are reduced if they agree to tax increases, the truth is that Republicans, who are currently consumed with self-loathing, will cave on tax increases without spending cuts.
Best thing they could do is to just rubber stamp everything that Obama and the Dems are demanding because the sooner all their ambitious demands are met; the sooner the country will implode.
And implosion is exactly what America needs in order to find its fiscal way.
Drug addicts, alcoholics, recovery, hitting rock-bottom
For drug addicts or alcoholics to have even the slightest chance at recovery, what’s needed is to hit rock-bottom, to experience that searing realization that the wall of oblivion is about to collide full force with their nose, to totally scrape bottom and realize that’s death staring back from the mirror.
America is addicted to spending and America’s politicians have discovered that the way to maintain their cushy place in the pecking order is to pander to every special interest group clamoring for government largesse. So they pander to seniors, to unions, to women, to the young and to the poor. And when they run out of people to pander to, the panderers create or enlarge groups to whom they pander. Hence “comprehensive immigration reform” and sticking it to the rich, all tactics that will assure the rolls of the aggrieved and the continued ascendancy of the Democrat Party.
The only way that sane and sentient people in America have an iota of a chance of regaining control over their country is to engage in its creative destruction. Tearing a few pages out of the Saul Alinsky book and utilizing his tactics to regain a sense of rational equilibrium.
That can only be achieved when welfare checks start bouncing and food stamps will no longer be honored at grocery stores because the entity backing them is broke. A sure-fire way to accelerate this process is to raise taxes on “The Rich,” raise the debt ceiling and increase the number of individuals sucking the government teat.
Slower growth, more unemployment, more poverty and less upward mobility for everyone
Thinking that Americans will come to their senses and opt for responsible leaders is a pipe dream, one which I personally indulged in up to November 6th. Neither party wants to fix what’s actually wrong, they just want to maintain the status quo and hope the problems work themselves out, while hardworking and productive people are stuck with the bill.
So, let’s give the electorate what they asked for: slower growth, more unemployment, more poverty and less upward mobility for everyone. Perhaps then we can get back to America’s founding principles, including hard work and self-reliance.