They are doing it to us again. But groundhog day is so fun, we just scratch the fuzzy critter on the head, snuggle up in our blanket, and go back to sleep for 6 weeks of winter.
Washington is about to add $900B to our unsustainable national bar tab through the great Obama tax compromise. We are so aghast, dis-heartened, and pissed off, that we have not quite yet figured out why we feel sort of good about it.
- Unfunded tax cuts
- Increased subsidies
- Reduced revenue into an un-funded social security
- Completely ignoring “pay-go” for the 29th time since adoption
We’ve just witnessed the pinnacle of incompetence in Washington. They are about to do, what we told them explicitly not to do on Nov 2nd, and they are trying to convince us that it’s in our best interests.
In the inaugural event today of the “No Labels” organization in NYC, Evan Bayh relayed an anecdote about the decline of America. I’m going to paraphrase. He said that as a member of congress you see things that the average American does not see. For example, secure transcripts of the private meetings Chinese politicians. He said, the Chinese talk quite openly in private about the decline of American power and prosperity. They wonder and laugh at us for not focusing on the right things, and how destined we are for sovereign bankruptcy.
While our insight into their conversations certainly required spy camera’s and human assets on the ground, their intelligence only required a cable subscription for C-SPAN.
Is anyone paying attention?
Guest Blogger Jeff