The Tyranny of the Right Wing GOP Minority Helped by DINO Bobbleheads
Ignoring and obstructing what the majority of people in this country want, they are ensuring that the US continues on the destructive path of the wealthy few, greedy haves and have mores defrauding and consigning the rest of us into a permanent status of have less and have nothing.
As Mark Weisbrot of the Center for Economic and Policy Research writes at Counterpunch: "It is sad to see that the U.S. Congress is having trouble even passing just $24 billion for unemployment insurance at a time when the economy is weak and unemployment is at nearly 10 percent. This shows the power of right-wing ideology in this country: Even the simplest, smallest and most obvious steps to relieve economic misery can be held back.
"It seems that the right has made headway in convincing some politicians, and a good part of the media, to take seriously their message that government spending is the problem rather than a solution for our economic ills. However, the public is far from convinced: The latest Gallup poll finds that Americans favor “additional government spending to create jobs and stimulate the economy” by a huge margin of 60 to 38 percent.
"The majority view is supported by basic economic logic. It was the collapse of private demand – consumption and investment – brought on by the bursting of an $8 trillion housing bubble that put us in this mess. Since our trade deficit is growing again, as a matter of accounting that leaves only government spending to give the economy a boost until private spending is sufficient to bring us back to full employment.
"The unemployment report for May – which showed a mere 20,000 non-Census jobs created, compared with 217,000 the prior month, was a reminder that private spending is still a long way from leading this economic recovery.
"The choice is simple, really: more stimulus or more unemployment. And more poverty, and more people losing their homes and health insurance."




Comments