Sunday, December 30, 2012

So the USA jumps off the 'Cliff'? Does it matter?

If the USA jumps off the 'cliff' will it be as bad as the Great Depression? one must ask, 'Is the USA or the world for that matter the same as it was then?' Of course not. China figures more strongly and rising stars like Brazil and India may lesson the impact? I just don't know. All I can say with certainty is that it is a lot harder to get the rich to pay more than it is for the poor to get a fair deal. Think about it. Do the poor have avouice in Congress? Do the poor have access to  the 'Hill' in the form of storng lobbyists? That cost money and the poor don;t---Oh you know the rest. When has it ever beena level playing field?  The politicnas will play their games and position themselves for a result they have already probably agreed on, even if they don't know it! So the 'ship may sail offthe cliff but it will probably be well anchored to the precipice.