Monday, November 21, 2011
With the hours ticking down to a precious few, it's becoming increasingly likely that the SuperDuperCommittee to which Barack Obama passed his fiscal leadership responsibilities is about to present us all with a special Thanksgiving sentiment: "Get stuffed!"
Because almost no one is predicting that the members of the supercommittee are about to strike a deal (and even if they did, the amount they're debating is only about 10% of what any truly serious reform would require).
Of course, this isn't exactly wildly surprising. When they had a supermajority, the Democrats didn't even bother to create or offer budgets. Obama created one which was so repugnant and unrealistic (actually raising spending in virtually every area) that it wasn't supported by even a single Democrat's vote.
In this absence of leadership, Barack Obama created a "Debt Reduction Commission" which was supposed to get everything figured out. But they didn't, and such good suggestions as they had (and there were quite a few) were quickly buried out of sight by Obama in much the same way that a cat scrapes kitty litter over anything it finds offensive.
Then (and by "then," we mean when the Tea Party came to Washington in 2010) came talk of a possible Balanced Budget Amendment - which Obama promptly shot down, saying that it was ridiculous to think that we'd need to amend the Constitution just to get legislators "to do their jobs."
Which is why it was puzzling that the president subsequently gave those very jobs to his new "Supercommittee" which would find $1.2 trillion in cuts...or else a "trigger" would go off, automatically cutting the money from budgets - with half the hit coming out of our nation's military financing. An outcome which seems almost unavoidable at this point...and one which will come as great news to those who would like to see America's military might diminished (including the commander in chief).
Meanwhile, businesses and employment are in the dumper, despairing over the fact that they'll seemingly never have a secure idea of the financial future to base their planning on - and such uncertainty is unacceptable.
But at Hope n' Change, we think they're missing the bigger picture. After all, since the day of Obama's election there hasn't been one single sincere effort to cut spending, encourage business, or balance the budget. So there's really no "uncertainty" at all; businessmen can confidently assume that everything will get worse for the foreseeable future, and make their hiring plans accordingly!
What's that? Oh yes - they already are.