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Politicians playing chicken not only with people's jobs and livelihoods, but their mental and, quite possibly as a result, physical well-being.
It angers me.
This isn't the NHL lockout where the two sides can play "politics," stall and stalemate in a battle of egos.
The impact of something as relatively insignificant as a hockey work stoppage drives home the magnitude of
what the fiscal cliff can do to Americans -- and people around the globe -- even if we never jump off of it.
With no hockey, middle-of-the-road wage earners get hurt.
In the grand scheme of things, it's not that big of a deal if
Molson Coors(TAP) sees a decline in Canadian revenue.
However, don't tell that to the guy who works at a brewery in St. Johns, Newfoundland or Moncton, New Brunswick. The guy who might lose his job -- and if he lived in the United States, his health insurance -- when Molson Coors reduces staff.
Twitter broadcasts opinions and fuels emotion. One of
TheStreet's Real Money contributors,
Kate Stalter and
Carl Quintanilla posted pretty simple, but effective Tweets. Both go a long way to explaining this spectacle.
It is very
Y2K, in that it will likely end up being all of this for nothing. But, with Y2K, like a hockey lockout, it didn't matter quite as much to nearly as many people.
No hockey, we buy less beer.
No Y2K, no problem. You have a few extra cans of beans in your pantry. If you're really extreme, you bought some special computer software, unplugged your VCR and maybe built a bunker in the background.
But this fiscal cliff is real.
Yet, it's treated just like any other less meaningful crisis. Sure, I think it will pass, but what if it doesn't? Then what?
I suspect my life will go on. But I live in a bubble. While not necessarily "affluent" myself, I live in one of the most affluent parts of Southern California. Life will barely change in my community no matter what happens with the fiscal cliff.