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What's This "We" Business?

by: Dean Barker

Wed Jan 14, 2009 at 05:51:02 AM EST
OH NOES!!!! THE DEFICIT!!!!:
"That's not acceptable, and it's not sustainable," Sen. Judd Gregg of New Hampshire, top Republican on the budget panel, said of the huge deficits. "We're digging a very, very deep hole that's going to be hard to get out of."
I don't recall any of us voting for those multiple Bush tax cuts for the wealthiest 1% during a time of war.  And, funny thing, but I don't think any of us was a Budget Committee Chairman during the Bush years either.

Gregg and the GOP gave turned our budget into an unaccountable ATM for the rich and their contractors, and now as a consequence we're facing the worst economy since the Great Depression, a situation so bad it requires an FDR level activist fix.

What to do?  Start crowing about budget deficits at precisely the right time one should not be.

Sigh. We're going to be treated to two years of this nakedly partisan drama designed to chip away at Social Security, Medicare, etc... That's just not acceptable, and not sustainable.

Courage, Prez-Elect Obama. Courage.
Dean Barker :: What's This "We" Business?
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What's This "We" Business? | 2 comments
Disagree. (0.00 / 0)
I don't think the budget deficit or the inflated profits of corporations are responsible for the failed economy.
Rather, I'd argue that the failure has resulted from our neglect or rejection of some basic economic realities, the first of which, in my mind, would be "waste not, want not."  That is, waste has not only been left out of our economic accounts and consideration, but it's actually been the designated depository of our enterprise and endeavors.  Not only are our growing landfills testament to this reality (there's more waste than useful product in every purchase), but our production has been designed to fail.  It used to be called "obsolescence," especially when the rationale for throwing out the old and buying new was a superficial redesign.  More recently, many products are designed not to work very well--sometimes in the interest of promoting a monopoly situation (Windows OS).

And then there's the armaments and warfighting industry whose products are inherently wasteful, if they're not used to acquire territory and resources on the cheap.  (While many idealistic people were put off by the notion, invading Iraq to gain access to oil and other mineral wealth actually made sense in that the hardware that was left to moulder in the desert wouldn't actually have been wasted).

As I said before, (4.00 / 2)
Grab some chalk, Senator Gregg.  (4.00 / 2)

   

I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.
   I must not pretend I wasn't Senate Budget Chairman when Bush had one-party rule.

by: Douglas E. Lindner @ Mon Jan 05, 2009 at 16:29:15 PM EST
[ Reply ]



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@DougLindner
What's This "We" Business? | 2 comments

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