Phewww. Sigh. Well, that’s done. The debt ceiling, budget reduction debacle. You know, that one, the one that took over broadcast and web coverage with the same breathless celebrity of a bad reality show.
All that blathering, breath-holding, toddler fit-tossing mess and for what? No tax reduction. No tax increase. WE GOT ZIP TO CREATE JOBS. Yes, I mean to shout, hence the all caps.
Let me say it again a bit quieter. We’re going to keep sliding into the economic abyss until those who don’t have jobs have them. And, we’re in trouble as long as those who have jobs are scared out of their shorts they’re going to lose them.
Put Americans to work and we (1) pay the mortgage and the rent; (2) buy cars; (3) take vacations; (4) take the spouse to dinner and the kids to Disney; (5) share our largess with others less fortunate; and (6) we think happy thoughts about the future.
There are three ways to create jobs: government does it, private industry does it, or I go it alone and do it myself. This D.C. deal guarantees that government isn’t going to do it, not at the federal level, nor the state or local level. It guarantees private industry isn’t going to do it; they’ll just keep hoarding cash and laying off people until they burst like ticks because they’re both greedy and afraid. That leaves the entrepreneur and while there are many of us doing our own things, there aren’t enough sole proprietorships in the world to sustain an strong economy.
Oh, that dysfunctional Congress. We watched the pitchfork-carrying, tantrum-throwing toddlers of the Tea Party and the WFLCT (Whatever Far-left Liberals Call Themselves) tear the guts out of the more moderate middle, all, they claimed, because that’s what the American people wanted. Uh, no. Excuse me. We want jobs.
So can this marriage be saved, as the cliché goes? Sure. But it will require the biggest gulp and leap of faith we can imagine – and we’ll all have to give it up, preferably without a whimper.
Pass Simpson-Bowles, hook, line and sinker. Or, if you prefer, pass the “Gang of Six” plan. Either way, the country would be on a solid, sane, fiscally sound path from the get go. Those are bi-partisan plans, crafted out of the very middle-of-All-American beliefs. Everyone gives up something for the good of the whole country.
Both plans are pretty simple: cut expenses, raise revenue, eliminate loopholes (and, yes, that means farewell to mortgage and charitable deductions, as well as corporate sinkholes). What do we get in exchange: security, overall lower tax rates – and jobs.