The Budget Fiasco has Become a Disaster for Regular Americans

The US ship of state is heading in the wrong direction when it comes to the budget.  

Between a mediocre DINO administration, and Capitol Hill dominated by wacky, right wing GOP idiots who terrify their pseudo-Democratic colleagues, this corporate controlled country has become a disaster for regular Americans.

The current budget fiasco shows that both parties really don't give a damn about the struggling majority of Americans only about the wealthy few.

As Dave Johnson writes at Our Future: "While Congress and the administration -- having just passed huge tax cuts for the wealthy -- fight over which of the things government does for We, the People to cut and by how much, the rest of us are looking at how many of our jobs this will cost. Will it be a cool million, "only" 200,000, or 700,000 more of us who will lose our livelihoods?

"Isaiah Poole, writing in Impact Of GOP's Job-Killing Budget Cuts: 700,000 Jobs Lost, points out that this will just make the budget problems worse:

Mark Zandi of Moody's Analytics today confirms what several other experts are saying about the slash-and-burn budget antics of House conservatives: The budget cuts being pushed by House Speaker John Boehner and the Tea Party-possessed House of Representatives will not put people back to work, They will put people out of work.

[. . .] The bottom-line message: The conservative proposals to cut programs vital to stimulating the growth of the new economy while maintaining wasteful subsidies of old-energy businesses will send the economy backwards and put people out of work—and in doing so make our budget problems worse.

"P.S. As for future jobs, EPI points out , which come out of the investment we make today, EPI notes: Public investments near 60-year low

" 'Public investment—which includes strategic investments such as education and infrastructure—are near a 60-year low as a share of gross domestic product (GDP). As the Recovery Act recedes, the already low investment share is likely to fall below the historic nadir. Increasing these investments, as President Obama has proposed, is long overdue and will lead to immediate job creation, long-run global competitiveness, and economic growth.' "

Meanwhile, Washington continues to lives in its bubble, completely ignoring or deliberately oblivious to or just don't give a damn about the joblessness of tens of millions in this country.

Chris Hayes at The Nation writes: "Remember when everyone agreed that what the American people wanted from Washington was, in John Boehner’s words, a “relentless focus on creating jobs”? In the past few months the unemployment rate has barely budged, and yet lawmakers of both parties have jettisoned the jobs agenda in favor of an austerity program that will barely reduce the deficit but will almost certainly hurt employment. If the Republican proposal to trim $60 billion from the fiscal budget puts thousands out of work, well then, says Boehner, “so be it.”

"This disconnect between the jobs crisis in the country and the blithe dismissal thereof in Washington is the most incomprehensible aspect of the political moment.

".....our system is responsive only to voices at the top of the social pyramid—the bankers and businessmen who are raking in record bonuses and the professional upper middle class, which is recovering much faster than the nation as a whole. In a 2007 paper titled “Inequality and Democratic Responsiveness in the United States,” Princeton political scientist Martin Gilens analyzed 2,000 survey questions from 1981 to 2002, looking for the relationship between public opinion and policy outcomes. He found that 'when Americans with different income levels differ in their policy preferences, actual policy outcomes strongly reflect the preferences of the most affluent but bear little relationship to the preferences of poor or middle income Americans.' "

 

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