fiscal imprudence
the harsh political reality of economic prudence will be raising taxes, trimming spending, and cutting retirement benefits. the present level of spending, tax cuts, and anticipated benefits are fiscally unsustainable. this means a lot of politicians are going to face tough decisions about keeping the country on track for the next hundred years, since most of those decisions will anger their constituents and threaten their power. do they favor the short-term and keep their power even while they run the country into the ground, or does anyone in congress have the dignity and nobility to do what is right despite the political cost? my suspicion, my fear, is that the answer is no, and we're all doomed. the bush administration is going to kill the economy. somehow they're going to manage to cut taxes and strip out funding for social programs that benefit the people most hurt by a stagnating economy. in other words, bush and the republicans are still busy fucking everyone not making $200,000 a year or more. so are you rich or fucked?
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