Posts Tagged ‘deficit’

“A Political Deficit”

The fiscal situation is not the only deficit infecting this country.

Congress’s approval rating is a shocking ten percent. It’s lowest approval rating since they began keeping track in 1974 and, given the current political climate, there doesn’t appear to be any chance for improvement in the near future.

The reason for this low approval can be traced to the very sources of the problem and in order to fix it we must first expose what and who caused it to fall below the approval of Communism and Used Car Salesmen.

On issue after issue, as Yogi Berra so aptly put it, “It’s déja vu all over again.”

Is this low approval rating deserved?

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Posted in Deficit, Politics, Republicans, UnAmerican | Comments Off

“The Silent Minority”

It’s what the Republicans don’t say that’s disturbing.

As we move toward a ‘fiscal cliff,’ Republicans continue their rhetoric; rhetoric that makes no sense given the existing situation, recent election, and prevailing consensus.

Republicans are loquacious when using talking points — most of them lies or misinformation — but are evasive when asked specifics or their ‘real’ positions. They’re equally tight-lipped about the damage they caused while in a position of leadership.

Haven’t Democrats caused all the problems?

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Posted in Congress, Economy, Politics, Rebalancing America, Taxes | Comments Off

“The Fiscal Rift”

This article has been posted on Huffington Post. To read it at Huff Post click on the link.

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We’re back on the edge of a fiscal cliff and the battle rages on!

The two parties are again pressed to address fiscal compromise, facing a deadline to prevent several potentially damaging things from happening in an already fragile economy — and the rhetoric is flying.

Though many pols give the impression, in their cautiously worded statements, they believe the parties can come together to avoid the financial impasse that would cause damage to the economy and recovery. They’re reluctant to play their hands for fear of exposing an irretrievable vulnerability.

Who’s going to win this fiscal battle?

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Posted in Economy, HuffPost Articles, Politics, Rebalancing America, Taxes | Comments Off

“Bringing the Money Back Home”

This article was posted at The Huffington Post. To view it at HuffPost click on the link.

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The Repatriation Bill in Congress falls way short!

Corporations have been crying for big tax breaks to bring their profits from other countries home. They are currently sitting on over two trillion dollars in domestic profits hoarded over the last few years.

Senators’, Kay Hagan, of North Carolina and, John McCain, of Arizona have introduced a new bill, The Foreign Earnings Repatriation Act, to allow multi-national corporations to bring over a trillion dollars in foreign profit back to the United States at a favorable tax rate. Too favorable!

The tax rate in the bill falls way short of what’s fair.

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Posted in HuffPost Articles, Repatriation, Taxes | Comments Off

“How To Make Government Smaller!”

This article is not on The Huffington Post. To read it on Huff Post click on the link.

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Let’s get Big Brother off our backs and out of our bedrooms!

The Republican mantra of smaller government may play well in Peoria but not in places where concerned and observant people gather.

Since I can remember, Republicans have been screaming about shrinking government — making it small enough to drown in the bathtub. It’s a good talking point and seems to get their followers frothing at the mouth. But saying you want to do something does not make it so. And Republicans reducing government? Sheer fantasy!

Reality is something quite the opposite.

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Posted in Congress, HuffPost Articles, Politics | Comments Off

“Saving Us From the Bottom”

This article has been posted on The Huffington Post. Click on the link to read it on Huff Post.

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It’s time for a radical new approach!

We’ve tried trickle-down and it hasn’t worked! All that’s trickled down is crap.

So as we near, bounce along, or bounce off the bottom in our financial recovery, let’s start thinking outside the pox.

Yes, supply side economics has been a pox on this country, on the world — a pox on capitalism with a predatory financial system and unfiltered greed becoming a malignant cancer.

What caused this insidious and unrelenting disease? How do we reverse it?

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Posted in Economy, Election 2012, Finance, HuffPost Articles | Comments Off

“Where Would We Be If…”

This article has been accepted by The Huffington Post for publication.

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…we didn’t have the safety nets established years ago?

As Republicans strive to strip the programs that prevented us from falling into another Great Depression their arguments are devised to distract us from the truth.

Programs like Social Security and the Federal Deposit Insurance Corporation, put into place after the financial collapse in the 1930’s, were borne of the pain and suffering millions of hard-working people endured throughout the thirties.

Where would we be today without them?

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Posted in HuffPost Articles, Politics, Republican Crises, Social Net, UnAmerican | Comments Off

“Super Failure?”

This article has been posted at The Huffington Post.

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With a looming deadline the Super Committee is under tremendous pressure.

As November 23rd closes in, the 12 members of the Super Committee (Joint Select Committee on Deficit Reduction) are being approached, attacked, pushed, cajoled, advised, and pressured, from all sides.

The difficult task of finding $1.5 trillion in deficit reductions has fallen into the laps of 12 hand selected members of Congress, six from the House and six from the Senate. Some have called it a daunting task. One-point-five trillion does seem like a lot of money! But their time horizon is 10 years.

An entire decade to reduce the deficit by only $150 billion a year?

Seriously?

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Posted in Budget, Election 2012, HuffPost Articles, Politics | Comments Off

“Job Killers”

Job Killers was posted on The Huffington Post on 10/21. To view it at HuffPost click on the link.

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Unemployment is still high — five people compete for every job!

This country needs jobs — badly — if we are to come out of this devastating recessionary event.

The ‘Great Recession’ has been unprecedented, destroying lives and families. It has been especially destructive on hard-working people; the middle class.

Restoring jobs is the most important issue to reinforce an economic recovery. Housing is also a drag on the recovery, but jobs will help housing begin to rebound.

When the Tea Party swept the Republicans into the majority in the House of Representatives and handed the gavel to Congressman John Boehner, he promised job creation would be one of the new House Majority’s priorities.

Has it been?

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Posted in Economy, Jobs, Politics | Comments Off

“SuperCommittee? Or SuperFluous?”

Congressional leaders selected 12 members to the new Super Committee!

A committee of eleven men and one woman have been chosen to fix the deficit; a deficit that was set in motion 30 years ago.

They begin work this week, charged with the daunting task — given the current partisanship in Congress — of reversing the spiraling deficit. They already have many obstacles to overcome.

Others have introduced proposals to rein in congressional spending, but each has been rejected for varying reasons.

Can this group find success when others have failed?

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Posted in Budget, Economy, Election 2012, HuffPost Articles, Politics, Rebalancing America | Comments Off