Monday, May 15, 2017

Washington Might Just As Well Be Closed For Business

So Little Being Done It Might As Well Close
While the doors are open it seems Washington remains "closed for business" and nobody has seemed to notice or care. This could be one of the reasons the stock market has continually made new highs as the economy struggles with multiple issues and faces an uncertain future. Seriously, even this could not explain wall streets disconnect economic reality, however, it is difficult to argue with the fact America's capital is locked in a dysfunctional mindset. Anyone who thinks Obamacare is well on its way to being repealed or replaced by a "better plan" is delusional. Other than a celebration when legislation claiming such a feat passed the House little of substance is in the works.

Just as remote as a "fix all for healthcare" is the likelihood of a tax plan being signed into law anytime soon that will simplify or solve are budget woes. This has done little to slow the advances of stocks on wall Street because in the eyes of those buying stocks such a deal is in the bag. They are oblivious to the reality no intelligent plan has been written or is moving through the halls of congress. The fact is we cannot cut taxes while increasing spending at the same time and not explode an already massive national deficit. The odds of getting a complicated tax reform bill through a polarized and divided congress are nil. In fact, most of the developed countries across the world are in exactly the same boat and upcoming elections hold little promise that things will be sorted out soon.

Trump Heads Off On Multi-Nation Trip
Thank goodness for the distractions that allow us to take our eyes and minds off the business of making the necessary structural reforms to move forward. The recent firing of FBI Director James Comey by President Trump can be considered one of those distractions. While few Americans were love struck over Comey this has stirred up a hornet's nest and energized Trump's critics. Only so many hours exist in a day and when they are spent or wasted in speculation the bottom-line is if nothing is getting done, Washington might just as well be closed for business.

It is difficult to believe the productivity of Washington could drop any lower, and while our elected officials busy themselves with calling for further investigations and making promises of getting to the bottom of this America putters along on autopilot. The flavor of the day is same as it was yesterday and the year before, nothing has changed. The politicians and Washington elite continue dithering away their time as well as the money of the American taxpayer and even that of future generations. With matters under control and having completed his strenuous first 100 days in office President Trump is about to head off on a global fly about to meet with various world leaders which should result in more of the same.

The days of "Hope and Change" are behind us and we are firmly on the path towards making America great again, unfortunately, the message has fallen on deaf ears when it comes to our elected officials in Washington. Tonight I will raise my glass and toast the cynical and skeptical Americans scattered across this great land for again they are well on their way to being right about how nothing really gets done until the last minute and even then if delay is an option it will be exercised. To top things off tonight as I get ready to post this article the White House has gone into damage-control mode after a report that Trump revealed classified information in a meeting with Russian officials last week. Ironically this may be as good as it gets.

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