Web Letters | The Nation

Who's Helped and Who's Harmed By Debt Deal?

Neither clarifies nor inspires

This piece was kinda what you write when you’ve nothing new to write about. Apart from its grammar and style, my main objection is that this sort of “say it again, Sam” writing is uninspiring. One reads it, looks at the ceiling and says, “Jeez, maybe there’s some another account somewhere that’ll be clear and have meat on its bones.“

And perhaps that’s one of the biggest problems we have. How to arouse our common ire enough to stop taking this greedy redistribution of our nation’s wealth on our collective chin? How to inspire ourselves to rise up to determine our future and standard of living? Our goal: the largest percentage of the nation’s wealth for the majority of its citizens.

We presently elect others to do what we ourselves have neither the will nor the time to bother with. We opt to be led… so what’s the surprise that we’re led by Thomas Nast politicians whose pockets glisten with corporate and Wall Street gold? It seems we prefer to be blind to that which is too painful to admit.

Instead of seeking solutions that provide the most amount of benefit for the largest percentage of the population, we continue to allow a select few a very disproportionate share of our nation’s wealth and influence.

Who's Helped and Who's Harmed By Debt Deal?

Scary

Mitch McConnell says each time the government has an debt it will have a budget attached from now on. This cannot happen. Is there some way to keep this from happening? Can it be on a ballot for citizens to vote on? Can the president pass anything to prevent it happening again? McConnell is putting fear into an already fearful environment.

Who's Helped and Who's Harmed By Debt Deal?

Obama and jobs?

Obama’s big plan for creating jobs is for tax cuts for the middle class, which will probably focus on the taxes that support Medicare, Medicaid and Social Security. He is again looking at private enterprise to provide jobs, by giving them tax breaks so they have the incentives to hire people. The head of GE, who heads Obama’s jobs program, is going outsource more production overseas. Any jobs created will be overseas! Since 70 percent of the American economy is supported by American jobs, we are going to have a deeper depression and a collapsed American market. Since the emerging markets are trade-dependent, this mean jobs in China will be lost. There are no safe investments anywhere in the world!