Opportunity is relative. What looks like an opportunity to one of the president’s money hoarding millionaires is very different from an opportunity for someone pounding the streets looking for work. Whatever last-minute fix lawmakers pull out of their bag of tricks late Sunday night, we need to prepare ourselves.
Rumor has it that if a killer asteroid is headed our way, the government will keep quiet because there is nothing that can be done. This is hard to believe because Washington loves a crisis, and politicians glory in the resulting media circus.
A big problem with spreading a lie is that if you repeat it often enough, you start to believe it. The falsehood that government can spend without using taxpayer revenue became very popular when Barack Obama took office, as talk of debt and deficit grew and legislators needed to justify their spending habits.
President Obama’s comment about professional politicians and their understanding of fiscal policy was insulting to those of us who belong to America’s herd, but there was unwitting wisdom in his words. Barack Obama’s time in Washington has been brief, his inexperience revealed by reports of frustration over showy debt ceiling negotiations.
You know that times are tough when a Democratic governor is forced to deny pay raises to members of a public employee union. Illinois’ Pat Quinn stood up to the American Federation of State, County and Municipal Employees, and now finds himself embroiled in a lawsuit over $75 million in raises for state workers.