Two Sides of a Coin

Just about every coin has two sides.  (17th century Bavarian coins have three sides because they were spastic.)  There is a head and a tail.  The head has either a portrait of a dead guy or Queen Elizabeth (depending on which country you live in.)  The tail is something that is not human.

There are also two sides to every debate.  An example is the spending bill passed by the Senate today.  Republicans wanted the tax cute to become permanent and estate taxes to be cut to 35%.  Democrats wanted unemployment benefits to be extended for up to 99 weeks.

Republicans are against the unemployment benefits because it is too much spending.  Democrats are against extending tax cuts because it doesn’t generate revenue for the government.  Both parties say they are concerned about increasing the deficit and enlarging the debt.

Compromise can be good or it can be bad.  It can be good when the good from party A and the good from party B outweighs the bad from party A and the bad from party B.  But if the bad from the two parties outweigh the good, then compromise is bad.

Today’s bill is bad.  It took the bad ideas from both parties and added $1trillion to the debt.  It will take 8,000,000 people 30 years to pay off the debt and interest from today’s bill.

Today was a coin-flip with the coin landing in the drain and becoming irretrievable.  Not only will we have more debt, but somebody has lost a coin.

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