a famous quote from a possum in a cartoon strip
Ed at Gin and Tacos develops the theme a bit more
When the USSR was doddering through its twilight years, it poured money and resources into a pointless war because saber-rattling and military hubris were futile efforts to stay the irreversible decline of an unsustainable system. The Roman Empire rotted from the inside and collapsed under the weight of the barbarian horde it paid to enforce Pax Romana long after it ceased to be able to afford it. That the U.S. could be in the terminal stages of empire, blindly shoveling money into an outsized military to combat boogeymen both real and imagined, seems impossible for our political class to comprehend let alone consider. Sure, analogies are fun. But people like Lieberman understand that there’s a difference here: Muslims are scary and America is goddamn awesome.
and then there is this little bit about the debt deal signed by the President on Tuesday. Kinda exemplifies the part about being our own worst enemy.
The spending cuts in 2012 and the failure to continue two key supports to the economy (the payroll tax holiday and emergency unemployment benefits for the long-term unemployed) could lead to roughly 1.8 million fewer jobs in 2012, relative to current budget policy.