If anything, you should be bored to death hearing about it over and over and over. The Worse case scenario is taxes go up and government spending gets cut.
That’s the great calamity, and it will be painful, but you know what? The economy and this country are going down the toilet anyway. And until the Government collapses under its own weight, what hope do we have that anything vaguely resembling freedom or economic sanity will return?
Right now, the Federal Government borrows 46 cents of every dollar it spends. Do you think a majority of the political class is really trying to do anything about that unsustainable statistic?
Both political parties are guilty!
The Democrats think that the Government is the engine of economic growth when in actuality its bureaucrats and regulations do little but slow down and impede job and wealth creation. One only has to look to the energy boom going on in North Dakota, where unemployment is around 2 percent, to see free enterprise in action and what can be accomplished when government gets out of the way.
And Republicans aren’t serious about any spending cuts unless they are to the social safety net. Granted, parts of it have become a hammock, but that’s all the Republicans seem to think are worthy of reductions in spending on.
Have you ever seen a Republican, who’s last name is not “Paul,” suggest that military or anything else classified as “National Security” expenditures be reduced?
I can’t think of anyone.
So lets jump off the fiscal cliff!
What’s the worse thing that can happen? Government will be forced to live within its means, like everyone else has to in this Country.
What’s really going to make everything interesting is that the Government is only about $60 billion away from hitting the debt ceiling- which means that they won’t be able to borrow anymore money to pay for their excesses without Congress raising the amount.
I figure that the limit will be hit before the fiscal cliff happens on
January 1st, 2013.
And if the Government can’t borrow anymore- then default comes and all the chaos that goes with it.
And that would be the best Christmas present that this Jew could ever hope for!