“The War on Children”

  ”  If you think Barbara Boxer’s right about General Romney’s war on woman, feel free to waste
your vote. But what else is likely to happen between now and the next time you cast a presidential ballot? We’ve rehearsed the fiscal stuff in this space before: China becoming the world’s biggest economy, another American downgrade, total U.S. liabilities equivalent to about three times the entire planet’s GDP. A “non-partisan” Pew Research study says the American middle class faces its “worst decade in
modern history” — and the first bump down starts on January 1: The equally “non-partisan”
Congressional Budget Office now says that the tax and budget changes due to take effect at the
beginning of 2013 will put the country back in recession and increase unemployment. This is a
revision of their prediction earlier this year that in 2013 the economy would contract by 1.3 percent. Now they say 2.9 percent. These days, CBO revisions only go one way — down. They’re gonna need steeper graph paper. In a global
economy, atrophy goes around like syphilis in the Gay Nineties: A moribund U.S. economy further mires Europe, and both slow growth in China, which means fewer orders for resource-
rich nations. . . . Four wheels spinning in the mud, and none with a firm-enough grip to pull the vehicle back on to solid ground.”