Pond Life: Why care about American economics? [or Why Gay Marriage Matters]

[I’m afraid this one is long. Take a deep breath, think about it, then remember to feed the cat and decide not to read it. It’s all lies and conjecture anyhoo.]

Edit- Now published somewhat more soberly on The Moon Project

We come to it at last, they great hiccup of our time.

Economics, economics, economics. That’s what the 2010 UK election was about, and it seems to be the main thrust of the American one. Unemployment and jobs figures are the battlefield. Gross Domestic Product and AA+ credit rating are the weapons. The Federal Reserve might be a potential ally, and the Deficit is the vulnerable baggage-train. The important debates are about fiscal stimuli, quantitative easing, limiting spending, improving taxation, stimulating growth, removing restrictions, facilitating entrepreneurship. Education, healthcare and welfare are all seen through the frame of national debt and uncertain future. To quote Gandalf, “The board is set. The pieces are moving.”

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