Tag: deficit

  • Fiscal Lubrication

    For those of you lulled into complacency by auspicious
    recent events such as Britney’s brief
    flirtation
    with lucidity, it’s important to note that, not only is the
    entertainment industry still pumping out fucking loons
    at a heretofore unheard of pace, but our politicians are providing ample
    evidence of a world view so profoundly divorced from reality that it’s likely
    only a matter of a few short days until Gov. Pawlenty declares "Blame it on the
    Rain"
    our state song and Speaker of the House Margaret Kelliher declares her
    undying love for Michelle Bachmann’s fabulously taut ass. In other words, take
    heed, Minnesota denizens, for the Oh Shit meter has gone from a subdued puce to
    an alarming ochre.

    And what has triggered these dire portents? What could
    possibly be serving as the harbinger for yet another pending apocalypse? The
    answer is disarmingly, deceptively simple – nothing more, or less, than the
    overwhelming demonstration of the profound stupidity endemic to all levels of
    our representative democracy.

    These portents have appeared at a furious pace as of late. John McCain’s assertion that Purim is
    the Jewish Halloween
    , thus disappointing a highly influential voting block
    as they continue a hallowed tradition of offering a big "Fuck you" to yet
    another culture that tried to annihilate them, was only the beginning. And Dick
    Cheney’s apparent pleasure at providing a big
    "Fuck you"
    to the American public as polls indicated two-thirds of
    Americans disapprove of the war in Iraq was just a cherry on top of the mountain of asshattery displayed whilst our policy-makers grandstand and
    pontificate on how best to take advantage of the economic reaming the average
    American feels
    they are about to receive
    .

    To address the assembled citizenry’s fervent desire for
    fiscal lubricants to ease the anticipated pain, Obama and Clinton
    have released their economic stimulus and oversight plans. McCain, of course,
    is standing pat, toeing the GOP line as he has for the last few years and
    stating that the check going out to taxpayers in May, not to mention the tax
    breaks for businesses that will surely convince them to invest in added
    infrastructure while consumers aren’t buying anything, is plenty to arouse the
    economy and stimulate a good old-fashioned consumer orgy.

    What baffles me, however, is that the plans put forth by
    these august candidates are, for the most part, predicated on becoming
    president despite all three having plenty of legislative power. And since statistically, recessions are generally over within a year to a
    year and a half, meaning any fiscal policy levied after scoring the presidency
    won’t take effect until January of 2009. Much like downing the morning after
    pill nine months after the condom breaks, that’s long after it could possibly
    do any good.

    Then you might think to yourself, "At least our local
    legislators, staunch realists like Marty Seifert and the Iron Range’s Tom "The
    Sex Hog" Saxhaug, are carefully balancing Minnesotan needs against the harsh
    reality of the budget deficit threatening our government services and
    benefits". If you were harboring such thoughts, you may want to relieve
    yourself of them via repeated
    blows to the cranium
    with a blunt object, since you’d be laughably wrong. To
    address the state’s approximately $1 billion deficit, GOP legislators offered a program
    of cuts to higher education, dips into the state’s rainy day fund, and
    bizarrely, a token tax cut to make Minnesotans feel better about the panty raid
    Gov. Pawlenty proposed on the state’s health care access fund and budget reserves. DFLers universally
    derided the deficit fix, calling the proposal shortsighted and damaging. House
    Majority Leader Tony Sertich went so far as to say, "Everyone knows people from
    Eagan are twats. And Tim Pawlenty is a twat among twats. The alpha and the omega of twats, if you will."

    One might imagine the DFL, after such an ideological salvo,
    would come back with a solution to the state’s budget woes. A solution that
    would salvage programs to salve the economic doldrums afflicting our state’s
    citizens whilst securing Minnesota’s solvency for the biennium and beyond.
    Sadly, it seems we’ll sooner see Michelle Bachmann in an Amsterdam donkey show
    than have a budget proposal that actually addresses the real issues facing the
    state. The budget that the DFL’s greatest financial minds came back with dips
    even further into the rainy day fund. And while the $23 million in extra
    education spending is nice, the proposal doesn’t provide any details on the
    program cuts necessary to cover that spending. Nor did they make any attempt at ensuring solvency in the next biennium. Much like the Pawlenty
    administration and inflation, reality and the DFL have never quite meshed.

    Frighteningly enough, the group we must look toward for
    fundamental change in our fiscal policy is the Bush administration. They’ve
    bailed out Bear Stearns despite outcry from left and right, thus avoiding a
    repeat of the market crash that triggered the Great Depression. And we’ve
    already seen some small changes – allowing the Federal Reserve and treasury
    some additional oversight of investment houses and mortgage originators. But
    more meaningful changes, changes that will allow the hand of government to wrap
    itself around the balls of America’s financial system and give a great tug when
    necessary are not yet forthcoming. Can an administration that has spent the vast
    majority of its time in Washington on a ranch in Crawford, TX or up its own ass
    aggressively move to create meaningful legislation? Can a man whose sole method of
    reassuring the public that the economy is in good hands consists of letting us all know
    the government worked over the weekend
    actually trigger substantive change?

    Yeah, I know. We’re fucked. But I, for one, welcome our new
    Chinese overlords, and will enjoy receiving the benevolent treatment afforded
    all China’s provinces
    .