Another election has come and gone. Was this really "the most important
election" in a while. Initially, i brushed this off. However, now i get the
feeling that it might have been (At least the incredibly stupid political ads
are over).
Maybe i shouldn't touch on the irony of candidates saying
that they supported fiscal responsibility (like liberals ever have/will) yet
spending in the neighborhood of $3 billion dollars campaigning.
i
viewed this election as re-arranging deck chairs on the Titanic (Romney) or
raining anvils on the Titanic (Obama). Well, i guess now it is raining
(especially considering Obama's apparent infatuation with fiscal
irresponsibility). At least with Romney, maybe they could have created a few
rafts with some deck chairs or something.
The course the US appears to
be on is not the right course. As opposed to earlier America, the US now
appears to be on a crash course with countries like Greece and Spain (results
wise). More government involvement is never a good thing.
What do Americans actually have to look forward to in the not too
distant future? Increased government presence, a worse business climate with
worthless/bad regulations, more debt (which is a tax in itself as it will cut
into purchasing power), higher taxes, creating and taking away "rights" and a
series of other horrible things. If you thought that the current unemployment
rate is an anomaly, think again. i believe that the natural unemployment rate
in the US is now over 6.5% (and will increase over time). An real
unemployment rate of under 7.5% is impossible over the next four
years.
In the not too distant future... with the US population
numbers (3rd biggest in the world), the standard of living will also
precipitously decline and the US will rightfully claim its place as a second
world country.
If you look at the US now (as opposed to better days)
it is barely recognizable. The US used to be about hard work, innovation,
success and independence. What i see today is far different. This isn't really
the same country. The US now appears to be a country of jealousy with people
holding out their hands to government. Debt load is a real issue (in the
future, a massive one). What does it say when the big initiatives centered
around pot and gay marriage?
This may sound counter-intuitive, but i
believe the best thing the US government could do to have a future is to default
on the debt. Why keep telling yourself a crisis is not going to happen and keep
making it worse with self-delusion? Face your problems and deal with
them. Things are not going to solve themselves. The US government is not
capable of running itself without incurring substantial debt. So for the good
of all America (there would be short-term pain), nuke the debt financing
option.
Make no mistake, the US is not what it once was and will never
be that way again. It is sad that a once great nation will have relegated
itself to one of the biggest failures in the history of the world. i guess that
is why the USA is dead to me.
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