I Know How to Solve the Fiscal Cliff
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
How does one spell dysfunction? W-A-S-H-I-N-G-T-O-N-D-C . . . that's how.
While most people in our nation are compelled to develop and live within a budget, the incompetent and ill-advised in Washington strut their stuff with little regard for our nation's well being. The simple fact is many politicians in Washington could not manage their way out of a paper bag yet we expect them to manage our nation's finances.
Some in our audience would view the recent election results as a mandate for others to “bend over” when it comes to implementing new tax policies. Talk about misreading the tea leaves. A significant majority of Americans (try a 17% margin) are much more interested in economic growth than perceived economic fairness. Yet those with ear plugs in and ego boosters on in Washington would rather take their case to E-News than actually work to solve our nation's problems. I think it is going to be another long four years.
You may not agree with all the perspectives provided in this 90 second Bloomberg clip but I found a lot more ‘sense on cents' in this short segment than I have in the last week's worth of nonsense spewed forth by many in Washington.
Not trying to be overly cynical but merely realistic and practical as I see our nation continuing to move down a path of economic decline. But just how might we solve our nation's fiscal problems? Actually as I think of it I believe I know how to solve our nation's fiscal cliff. How should we do it?
Let's just divvy the nation up.
Should we divide the nation by North and South, East and West? Why don't we just allow the states with some of the greatest fiscal problems, you know, California, Illinois, New York, Connecticut, New Jersey, Nevada, Washington, and Oregon to let us know what part of the nation they might like to occupy and then we will cede that to them. They can take all of their fiscal problems and their representative percentage of the federal deficit of along with them and their representatives in Washington as well.
Perhaps we could just draw a line right down from the Canadian border along the edge of North Dakota and straight down to Texas and let them have it. I think that is fair. How about you? We can promote some free trade agreements and the ability to move between the two newly developed nations very liberally. I think they should like that as they seem to like most liberal programs. Hell, Washington and Colorado just legalized dope so they are free to make that the new national plant. This might be a lot easier than we think.
Perhaps they might even think of having the new capitol in San Francisco or maybe even the entire state of Hawaii. Can we get this done by the New Year so some of those impacted by this initiative may not have to come back from vacation?
I think that sounds fair. How about you?
I have no affiliation or business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.