Rumour has it the republicans have given Obama an offer to avert the fiscal cliff, the combination of deep, immediate spending cuts and tax increases that the CBO predicts would send the country into a new recession. The offer gives Obama something he cannot get without a deal–most notably, an extension of emergency unemployment benefits. The offer comes at a cost, however. In exchange, the republicans demand a small but painful cut in social security benefits.
Tag: politics
If You Believe in the Fiscal Cliff…
Lest we forget, the fiscal cliff is still coming–the dismal set of negative economic consequences that come from cutting government spending and raising taxes too fast in the face of a weak economic recovery. While 87% of the general public do not realise that the fiscal cliff is about preventing spending cuts rather than making them, regular readers (and those of you who read the linked pieces) know better. That’s all ground we have covered. However, that there is a particularly interesting implication of belief in the danger of the fiscal cliff that I have yet to discuss, and this I seek to remedy.
Territorial Disputes and the Future of Asia
It has been in and out of the corner of the western press’s eye the last few years. China has been flexing its muscle in Asia, attempting to press claims to territory, both land and sea, on its various borders. This has not gone unnoticed by China’s neighbours, who are quite furious with China over some of its more belligerent acts. The matter has been simmering, off and on, for some time. What I find most interesting about it, however, is how this dispute has set the nations of Asia against each other, dividing it between two sides, one pro-China, the other against.
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Does Might Still Make Right?
Often historical figures are accused of having a “might makes right” attitude. The idea being that the one with superior military might is the one who is morally right. The Romans used the line “vae victus”, or “woe to the vanquished”. In moral philosophy, this is usually deemed a fallacy. Just because one is the stronger does not necessarily mean that one has ethical truth on one’s side. The strong have, throughout history, done many terrible things. However, I have begun to see a modern form of the same argument used in today’s society, and this I find very troubling.
Fiscal Cliff Ignorance
I’m back in the United States for a month, so it’s only fitting to write an American piece. There’s a statistic out there that should put fear into the hearts of those of us who practise, either professionally or as a hobby, the art of statecraft. The implications of this statistic are vast for the health of the American economy and the American democracy.
Benjamin Studebaker 