While I can be potentially as pessimistic as any American about the ability of our elected officials to shepherd us through these difficult and dangerous times, on this rare occasion, I applaud the combined political aplomb of both Democrats and Republicans. By keeping a crisis weary nation focused on the possibility of going over the so-called fiscal cliff on January 1st, they have effectively shifted our attention away from the pending December 21st end of the world supposedly prophesied by the Maya. This clever bipartisan manuever will ensure that Americans will press on with their holiday plans, thus insuring a robust fourth quarter in consumer spending. Now as to whether or not Mr. Boehner or President Obama can marshal their troops in order to deal with our long-term fiscal concerns, in the event that the Mayan timetable proves to be no more accurate at predicting the future than my 2011 Worlds Cutest kittens calendar was–is well beyond my powers of prognostication.
I find myself equally puzzled by the prospect of this nation enduring further economic hardships as a result of government inaction caused by the irrational self-serving behavior of a handful of political hacks that have no true sense of either patriotism or public service. So the big question remains, are we better off striking that grand bargain, or would we be better served by taking a leap of faith off that pecuniary plateau?
The results of the November election strongly suggest that Americans long for those compromises that will restore stability and faith in the marketplace. But as is often the case, deals that are acceptable to both parties, while they make for great signing ceremonies, tend to inadequately address our problems. So perhaps a bit of a free fall after the first of the year might not be such a bad thing. I’m all for giving a new Senate and Congress the chance to spread their wings. Who knows, they may even take the nation to new heights.
But just in case they are unable to live up to my optimistic metaphors, and we hit our heads on the next dept ceiling and come crashing down to the canyon’s floor–here is a bit music from our friend Matt De Blass to help soften the landing.
Click on Matt’s picture or the title to hear his original uplifting Irish ditty – “Bartender I’ll Have What the Man on the Floor Has Been Drinking”
Posted by: Chris Poh
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