
The media has been pounding home the message of a fiscal cliff arriving January first. No such cliff because it didn't exist. The politicians put it off for two months and will soon vote to increase the debt ceiling. There was no finality, no penultimate event. They make up the rules as they go along and the blathering fourth estate comes up with these ridiculous non-sequiturs to sell commercials. Here is the reality: We are in a perpetual cycle of increasing debt that will never be resolved because the voters are selfish and ignorant. The debt crisis will simply be renamed and repackaged ad infinitum until the country defaults on its obligations and human voices wake us, and we drown.
No comments:
Post a Comment