Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, March 6, 2013

TIRED,TIRED, TIRED

Today I feel as though I've been trying with my bare hands to hold President Obama and Democrats in the Senate and the House accountable to implement the policies which led me to vote for them in the first place - policies which will bring a measure of fairness and equality to the citizens of the United States.  I know I'm not alone and that many others are fighting, too, but I'm tired and about ready to give up.  Among the politicians who know what is right, few have either the courage or the will to do the right thing.

I'm tired of the Democrats' appeasement of Republican politicians who apparently care only about rich donors who fill their campaign chests.  Keep in mind that all in the Congress are well-cared for with their yearly automatic raises that they don't even have to vote on, and their generous benefits and pensions.  I'm tired of Democrats who feel the need to express politically-correct concern about the deficit at this time, when they know what the people of the country want and need are jobs and money to pay their bills and buy the goods and services that are produced here, which would help the economy recover.  A strong economic recovery would, in itself, help reduce the deficit.  Why don't elected officials in the Democratic Party stop talking about the deficit and stay on message about creating jobs, jobs, jobs and a return to a robust economic recovery?  Our infrastructure is falling apart.  Why is it a good thing for the wealthiest country in the world to have a collapsing infrastructure?  Put people to work repairing and rebuilding.

Why is the stock market booming, reaching record heights, when so many in the country are suffering?  Watch the video below, which has gone viral.  The graphs are shocking, and, for me, depressing as they demonstrate the ever-widening income gap between the poor and middle class and the richest people in the country, the inequality that few politicians in the country are willing to address with realistic policies that will improve conditions for a large majority of the people.
Tired...


Friday, September 14, 2012

ROMNEY - BACK TO THE ECONOMY


Romney is back to campaigning on the economy, as well he should be, since he has revealed himself as lacking even minimum skills in handling a foreign affairs crisis.  The Republican candidate stepped in it when he ventured into pontificating on foreign policy.  I ask you: Would you want this man at the helm of the ship of state in the midst of a violent storm?

The economy shows signs of slow improvement as evidenced by the soaring stock market yesterday, which is still on the rise today.  Romney and the major players in his campaign contributions are richer, which should be some consolation for them, though not particularly good news for the campaign.  It's not easy to run against an improving economy.
Mitt Romney is promising to reduce taxes on middle-income Americans.

But how does he define "middle-income"? The Republican presidential nominee defined it Friday as income of $200,000 to $250,000 a year and less.
Really?  Folks I know with incomes at and above $200,000 appear pretty damned well-to-do to me. 

The picture shows Romney waving good-bye.  (I hope; I hope!) 

Saturday, October 15, 2011

A CAUTIONARY WORD ON AUSTERITY

From the New York Times:
For a year now, Britain’s economy has been stuck in a vicious cycle of low growth, high unemployment and fiscal austerity. But unlike Greece, which has been forced into induced recession by misguided European Union creditors, Britain has inflicted this harmful quack cure on itself.

Austerity was a deliberate ideological choice by Prime Minister David Cameron’s ruling coalition of Conservatives and Liberal Democrats, elected 17 months ago. It has failed and can be expected to keep failing. But neither party is yet prepared to acknowledge that reality and change course.
....

Austerity is a political ideology masquerading as an economic policy. It rests on a myth, impervious to facts, that portrays all government spending as wasteful and harmful, and unnecessary to the recovery. The real world is a lot more complicated. America has no need to repeat Mr. Cameron’s failed experiment.
(My emphasis)
But that's just where we're headed here in the US, with the obstructionist Republicans in the House and the Senate who will not cooperate with a jobs bill. Make no mistake: theirs is not an ideological or principled stand. The goal of the Republicans is to block all efforts to get the economy on the upswing but rather allow the situation go from bad to worse over the next year, in order that they may electioneer on the failure of President Obama. That's just how cynical the Republicans are. They will sacrifice the people and the country for the sake of politics.