The Age Of Uncertainty

By: Tom Morgan

The Age Of Uncertainty

Let us christen this the Age of Uncertainty. And let us take comfort in that.

No one avoids uncertainties, of course. No country, no business, no individual does. These days, however, we face a blizzard of them.

Any election presents uncertainties. The mid-term offered a smorgasbord of them. Far more than in a normal mid-term.

The post-election period presents the uncertainties of how the new congress will behave. Will it slash government spending? Will it nip and tuck government down to a smaller size? Will it raise our taxes, or lower them? ‘Tis uncertain.

Will the Tea Party hang together after the election? Will it retain its influence and hold the politicians’ tootsies to some hot coals? 

What will be the tax rates and breaks for businesses? What taxes will individuals pay – or not? Will the old congress try to sabotage the new one by enacting something unpalatable during its lame-dog session?

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How will the President deal with the new congress? Will he cave and compromise on big issues? Or will he grow more stubborn?

In the Uncertainty File we find Obamacare. It caused so many uncertainties from the day it passed. Because nobody seemed to have read it. Now we must wonder whether it will remain intact under the new congress. Will parts of it be scuttled? We do not know. We are not sure where our health insurance costs are headed yet. Or whether our employers will continue with our plans. All these questions have been swept into the air by the tempest of uncertainty.

Whirling with them are questions about our jobs, our kids’ jobs, our economy. 

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