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Fiscal Cliff Postmortems

By       Message Stephen Lendman     Permalink
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Imperial and corporate priorities punish ordinary Americans most. The worst is yet to come. Bipartisan complicity plans it.

On January 1, London Guardian contributor Heidi Moore headlined "Congress' manufactured non-solution to its manufactured fiscal cliff crisis," saying:

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"The fiscal cliff deal doesn't stop tax hikes, doesn't reduce the deficit, (and) doesn't avoid spending cuts".and it's not even a deal."

Winston Churchill once said America eventually does the right thing after exhausting all other alternatives. He didn't know how Washington operates today.

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It manufactured a fake fiscal cliff crisis. Duplicitous fear-mongering hype substitutes for doing the right thing.

" The much-praised deal is as thoughtless and hasty as you would expect from anything cobbled together at the last minute."

Instead of resolving debt problems responsibly, enactment and planned legislation assures "an even bigger cliff, a fiscal mountain."

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It grows annually. Expect 2013 legislation to fall woefully short of addressing it responsibly. Both parties share blame. So does Obama. Self-congratulatory postmortems conceal dark policies planned.

Moore quoted Professor Emanuel Derman's reaction to Senate passage. "This is all theater," he said. It's "full of sound and fury, signifying nothing." 

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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