Cliff Notes on a Farce
I laughed out loud yesterday when I saw the flashing banner on CNBC: “Countdown to the Fiscal Cliff: 11 days.”
Even the financial media is more interested in selling advertising than in informing the public.
The “fiscal cliff” is a fake construct created by Mr. Obama and the US Congress as a result of prior failed budget “negotiations.”
Mr. Obama provides his routine righteous pronouncements about someone else being responsible for increasing taxes on the middle class while he promotes more spending, deficits, and debt.
The Democratic leadership demagogues the Republican leadership and visa-verse, neither offering anything approaching a constructive solution to our spending addictions or promoting economic growth and opportunity.
This is nothing more or less than a farce. Both sides think they need to sway public opinion with their posturing and the media laps it up, doing daily polls on how many people think the failure to achieve any constructive change rests with one party or the other.
Mr. Obama is a failed leader at the end of his rhetorical rope. Someone needs to speak the truth to the American people and act to reduce both spending and taxes.
Regards, Pete Weldon