All cultures and peoples have their myths and myth cycles. These myths are actually one of the identifying foundations of those separate cultures and peoples and, by and large, they are both good and necessary. Only upon rare occasions do these myths become damaging.
Sadly, in America, one of our myths has become damaging. It might even be lethal to our nation.
Greek Mythology – It Couldn’t Happen In America
“It can’t happen here,” is a pernicious belief based on a self-serving and self-deluding perversion of American Exceptionalism. It’s a potentially lethally harmful myth.
Not only can what is happening in Greece and Europe happen in America, it is already happening. We just haven’t hit the bottom … yet.
California and many other of the several States are, essentially, as bankrupt as Greece and are being propped up by the federal government, a government that is so deep in debt that it boggles the mind – and they want to keep borrowing more and fight against any reining in of their profligate spending!
What is the scariest is that one thing really can’t happen here in America. The European Union is predicted to collapse very soon but that can’t happen in America; we have laws against secession and breaking the union. As no federal government that I could imagine would reduce itself, any attempt by the states to break the union for their own survival would lead to civil war.
The upcoming 2102 elections may not be the watershed moment but, if we don’t move swiftly, strongly, and sternly towards fiscal responsibility in this election, we will bring that moment closer – assuming it’s not here or already past – and make correcting the problems that much harder.
Tags: 2012 Elections | America | Debt | Debt Ceiling | Deficit | Economics | Economy | Euro | Europe | Greece | Myths | Politics