The United States Government has voted to 'fudge' the issue of their ever mounting, disastrous National Debt. The so-called 'Fiscal Cliff' has been put on the 'back burner' for at least a couple of months. This will give this inept President more time to spin his way out of serious decision making. During this period, he will try to pacify all his supporters who voted for increased Federal spending, which can only increase the horrendous amount being created by this neophyte, who is totally out of his depth. Power at the behest of those 'on the take' will always lead to disaster.
In principle, the way that the US Government controls national spending over specific periods, to avoid borrowing beyond specific targets, is commendable. President Obama naturally thinks he knows better. Hoping that new resources, Gas/Oil (fracking), will bail him out, sooner rather than later. The profits, of course, would only help pay off the massive debt accruing; something that future generations will have to confront.
So is it because of its leader, that the nation, which is in sad decline, is losing its dynamism? Surely it needs some sound leadership. Copying what is happening in Europe is hardly a good example of competent husbandry. Living solely for today is no excuse. Not to mention, the dangers of socialism.
In the British press, in recent days; Jennifer Selway suggested that 'Fiscal Cliff' sounds rather like a Damon Runyon character from his book, and subsequent show/film, 'Guys and Dolls' (Loesser). Well that is how Obama is treating the situation.
THE BIG SPENDING CON ARTIST.
"HAPPY NEW YEAR": We are going to need it.
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