A New Year’s Eve Like no Other

It’s Monday, which means I should do a post because I said I would try to do one each Monday. I didn’t make it last Monday because frankly I didn’t feel like it. Bronchitis. I’m a little better now so I’ll see what I can do. .

This is truly an interesting New Year’s Eve.  I don’t recall one in which so much is at stake because of the deadline on ending of the Bush tax cuts and the beginning of across-the- board spending cuts. No doubt, just about everyone knows all this because it has been on all of the news channels endlessly.

Those who will be hurt the most by the looming tax hikes and spending cuts, are already those who are hurting the most, the vast majority of the American middle class which has seen its income stagnate for years. Those who are doing quite well will feel the tax bite and, some may even see their investments erode as government spending cuts wipe out some government contracts for goods and services, but the negative effect on them will probably be minor.. The military-industrial complex also will feel the pinch as the defense budget is cut. That is  certainly of concern to our area which depends heavily on defense department spending.

Still, if  you watch the Times Square News Year’s Eve celebration as the ball drops signifying the end of the 2012 and the beginning of 2013, you will see dancing in the streets, cheering, bands playing, singers singing, people kissing, and there will be a general feeling of well-being and happiness in the air. That American spirit, which continues in spite of all that is going on in Washington. is what offers hope, is what eventually gets us through tough times. It has before and it will again. Perhaps at election time it will even provide us with a new Congress, one that will regain the confidence of the American people..

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