“Fiscal Cliff” averted….for now
If you thought the “fiscal cliff” dilemma had finally been averted and solved…think again. Our inept Congress in addition to our President who amazingly continues to hold press conferences (campaign rallies in reality) was barely able to pass a bare minimum “patch” bill to starve off the dreaded “fiscal cliff.” Our politicians have known for well over a year that such a self-created crisis would occur if a bill wasn’t passed by December 31, 2012. So excuse me for not being in the slightest bit sympathetic to their pleas and bemoaning groans that their vacations have been interrupted by the fact they actually had to do their job.
The simple fact remains. If our politicians had actually passed a bill months ago then they could have enjoyed their vacations. Remember this is a self-created crisis. Because they were unable to come to an agreement with the creation of the bipartisan debt commission they enacted the self-imposed “sequestration.” They assumed that the fear of a mass cuts in across the board governmental departments as well as increases in everyone’s taxes would ensure a deal would be passed by 2012 year-end.
Well once again they gave themselves too much credit. After much haranguing and public outrage they passed another short-term solution. A solution that DOES NOTHING to address spending. Somehow the narrative that an increase in taxes for the top 2% of taxpayers will somehow make a dent in our national debt was perpetuated these past few months. Analysts have confirmed that we’ve only added trillions of new debt to our current 16.4 trillion dollar total deficit.
I found it incredulous that President Obama lambasted our Congress for their ineptness, while simultaneously disavowing himself from any blame. In addition, I found it laughable that he also gave these same people RAISES while explaining to the American people how they can’t even do the bare minimum of their job description. Yes, that’s right. When’s the last time you got a raise?
I also thought it was hilarious that the President last night ended his “press conference” by stating he would return to his vacation in Hawaii. As if that’s what’s missing in Washington D.C. “Completing” paid vacation time. I think our elected officials get enough vacation time. And that isn’t including the fact they seemingly are on vacation when they are at “work.”
I found it interesting that Congress passed an income tax hike on taxpayers earning more than 400,000. I guess it must be a coincidence that members of Congress, as well as the president don’t exceed that threshold. I guess we should be happy our Congress was “quick” to act so that 400 million dollars was awarded to Hollywood and millions to algae farmers. We certainly have our priorities in order it seems.
Unfortunately, we haven’t heard the last of this discussion. Our Congress, after much quarreling (as if they were kindergarteners), deferred the crisis and have created a “super fiscal cliff.”
It is “super” because now not only do we have the same problems we initially faced, but we also have to deal with the fact that we have once again reached our debt limit. The House of Representatives have to approve the U.S. government’s request to add more debt. We are likely facing another long, bickering, childish (did I miss anything?) fight between intellectually, adolescent “adults.”
Oh yeah, our credit rating might also drop as well. But c’mon who really cares about a silly credit rating. Our politicians don’t.
I am tired of hearing the phrase “fiscal cliff.”
I am tired of our elected officials continuously proving to be inept in every sense of the word.
And most importantly I am tired that voters don’t rise up and oust the many worthless excuses for Congressmen/women.
What do you think?
Twitter: @adrakontaidis & @talkrealdebate