Seven Days Until Banana Republic
Tea Party, GOP, Marxists and the shoeshine boy can't agree on income and expenses before August 2nd. The nation earns $2T and spends $3.5T, or 42% more than it earns. Either you pick up another half-time job or go broke.
But America can barely employ half it's population these days. There are no half-time jobs. Hell, they're lucky to work one full time job. Tax the crap out of the high end? They'll just lay off more peons to increase their wages. It's a zero sum game.
So it's check and mate. US rating downgrade, no budget and the government stumbles along for another year without a budget. The shoeshine boy picks his winners and losers, who gets paid and who doesn't. The US is about to become a banana republic.
But don't blame the politicians because you put them office. You let the corporations buy them and give it all away. You are the blame americans, with your big house, fancy car, huge TV and your Blackberry. And all the debt to buy things that make you look important. You earned it!
Now of course no one will read this because if there's one thing that americans can't stand, it's the truth. So ignore me. At least I wrote the truth.
But America can barely employ half it's population these days. There are no half-time jobs. Hell, they're lucky to work one full time job. Tax the crap out of the high end? They'll just lay off more peons to increase their wages. It's a zero sum game.
So it's check and mate. US rating downgrade, no budget and the government stumbles along for another year without a budget. The shoeshine boy picks his winners and losers, who gets paid and who doesn't. The US is about to become a banana republic.
But don't blame the politicians because you put them office. You let the corporations buy them and give it all away. You are the blame americans, with your big house, fancy car, huge TV and your Blackberry. And all the debt to buy things that make you look important. You earned it!
Now of course no one will read this because if there's one thing that americans can't stand, it's the truth. So ignore me. At least I wrote the truth.
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