Thursday, December 20, 2012

Fear is Ascendant

Fear controls our lives.

Many of us fear bad or crazy people with guns, so we buy a gun ourselves. That protective behavior raises the fear quotient, because those who don't have guns fear everyone who has one, not just the aforementioned bad or crazy people. (It doesn't help in the gun debate, by the way, that opponents are calling each other stupid and evil. Anger and demonization of the other adds to the general meanness of civic discourse and leads to hardening of positions.)

The fiscal cliff has been in the news. This colorful metaphor is most likely an exaggeration of what will happen to the economy under higher tax rates and reduced government spending. True, there are some sectors, like defense, that will fare much worse than others (and for whom the cliff imagery may be apt), but few economists are forecasting a widespread collapse or even a near-collapse like the one in 2008. These comforting rationalizations, however, mean little to the stock market, which has been dropping in recent days.

Then there's the Mayan prophecy of doomsday on December 21, 2012 (if you're reading this after Thursday, hooray, mankind dodged another one).

Your humble observer can't wait for these latest concerns to be resolved (or forgotten) so that he can go back to worrying about global warming, the war on terror, Iranian nuclear weapons, and the breakup of the Euro. Ah, the good, old, less-fearful days. © 2012 Stephen Yuen

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