Will they or won’t they?
The Yanks, that is, go over the dreaded fiscal cliff.
On one level, I couldn’t give a rat’s, but on another, the
one in which my wallet dwells, I’m more than a little bothered.
Like most self-funded retirees, most of my assets are in
shares. If the stock market takes a dive (as we’re told by those who pretend to
know that it will) if it happens, my wallet will be one casualty.
Generally, US politics represents the theatre of the absurd.
It’s only slightly more entertaining than an undergrad’s production of “Waiting
for Godot”. I never could hack
Beckett, but was forced whilst at Uni to sit
through such a show.
I didn’t enjoy it, but it seemed to make the difference
between a credit and a distinction at the time.
There is no such incentive to observe US politics, except
perhaps for some kind of morbid fascination. It is after all, a bit like
watching endless reruns of Big Brother, but without any mystery about the
outcome. US politics is entirely and dully predictable.
There are always goodies and baddies, compromise and
collaboration are unknown, and the fundamentalists, of all brands, exert an
influence out of kilter with their numbers. The goddamns have God on their side, after
all, and that makes all the difference.
It’s worth considering how it got to be this way – their position
on the edge of the cliff, that is.
I wonder did it have anything to do with the idea of
cutting taxes during wartime. And we’re talking about two simultaneous wars. That was an absolutely
suicidal policy. Could it be that the US is now reaping the whirlwind?
American corporations pay less tax than any other country in
the
G20 except Japan. They rank 19 out of 20. They will at some point have to
face the absurdity of their being the exception to all the rules.
Taxation is
the price we pay for civilization.
Meanwhile, they
spend more than the rest of the world
combined on war and the materials of war. They have hit the wall.
Exceptionalism has gone to the edge, and is now peering into the abyss
(You never put a full stop after "abyss").
That’s OK, if it was a problem just for the Yanks.
It’s not.
There is a solution.
Given that only
slightly more than half the population can
be bothered to vote at
Congressional and Presidential elections, why can’t
self-funded retires in Australia (and other countries affected) be given a vote
in the US elections?
Didn’t the
Yanks fight a war about being given a say in
matters affecting their hip pockets at some stage in their history?
Seems only fair.