May you have incompetent, offensive enemies.
President Obama and the congressional Democrats have the luck of the Irish, truly. They’ve already won the Battle of the Fiscal Cliff due to the good judgment of the people. That judgement takes facts into consideration. The sequestration process is a blunt instrument wielded by a Frankenstein process that accounts for nothing sensible in terms of solving the main concern of the public; the seriously flawed, destructive economic cycle that is dragging us to a place nobody sensible wants to go. The PEW survey to the left shows that a majority think the economy in general (60%) and the military in particular (55%) will suffer due to this pathetic process of histrionic policy making.
That puts the wisdom of the people in line with the judgement of over 95% of leading economists surveyed recently who say that “growth is likely to be negatively affected by the automatic federal spending cuts that are scheduled to kick in Friday.” It makes sense. The economy is weak, unemployment, all those out of work seeking work, is around 22%, and many citizens are one paycheck away from their own fiscal cliff.
Here are some highly revealing polls and headlines from around the country late Wednesday, early today.