Part Way Over the Cliff & One-Sided Compromise
12/18/12 – French economist says U.S. abandoning it’s strengths Medved quoted the leading French economist who said that the U.S. still drives the world economic engine because of entrepreneurial spirit, the drive to innovate, and predictable taxes and regulations, but that the last few years they’ve forgotten these last 2 principles and have slowed. They’ll revive when they return to these principles. 12/19/12 – Obama concern over gun control rather than fiscal cliff. Why doesn’t Obama put half the apparent energy he’s been putting into the school shooting and gun control into the fiscal cliff, spending, deficit & budget, rather than half-baked ridiculous offers. He feels great urgency for the former, but has stated that the debt/deficit is of no near term concern – he’ll just kick that can down the road. It’s not a pet liberal issue or concern they can play on for political advantage. It’s the spending that buys them votes and keeps them in pow...