Thursday 3 October 2013

Politics !

Politics is always about dissent !   Politics is a divide on the way the nation should go but within the calming influence of - compromise !   That important ingredient seems to have been lost in the world's biggest economy.

The sticking point seems to be " Obamacare ".   This is a project designed to bring more Americans under the security of health insurance, but some in the " Tea Party " wing of the Republican party see it as "Socialism " and block a critical money bill unless it is neutered.

As a result, the American government has furloughed 800,000 employees.  They have been told to stay home on indefinite leave of absence - without pay.  NASA will shut down except for a skeleton staff to service the  needs of the orbiting space station, all of America's prime tourist attractions, parks, museums - and even the Statue of Liberty - will close - and the country will gradually grind to a halt.

Unless this financial crisis can be resolved, a bigger disaster is looming large.   America's debt ceiling is another money bill that may be refused - and if that happens the world's biggest economy will default on it's debts.

That would be the unthinkable !   It would certainly engender world financial chaos - and probable undetermined risks.   It could trigger a world recession that would make the 08 crash look like a Sunday school picnic.

Such is the way the human mind behaves when politicians retreat behind the stockade of " political principles ".    Both sides have dug in their heels and nobody seems prepared to trade the " give and take " that is the basis of " compromise " !

Somehow an explanation that was once used to try and explain the folly of the Vietnam war comes to mind.

" In order to save the village, it became necessary to destroy the village ".

That seems applicable in the present circumstances !

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