On Balance

Just a quick note, after a long absence.  Saw a news headline today that said something close to “Negotiators close on taxes, but no agreement on spending.”  Does it have to be said that the two are inextricably linked?  They tax and they spend.  Whatever they spend must come from taxes, either openly or through borrowing.  It is simple math.

I have never spent a lot of time fretting over the “fiscal cliff” in any case.  All it is, is another excuse to raise taxes, another emergency generated to give them cover for what they want to do anyway.  They need as much of our money as possible to keep paying off their friends and contributors.  That Republicans and Democrats, left and right, legislative and executive “agree on taxes,” I am less than surprised.

Happy New Year.

 

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