“None of this is necessary,” said President Obama during his weekly address to the nation. “It’s happening because Republicans in Congress chose this outcome over closing a single wasteful tax loophole that helps reduce the deficit.”
How ridiculous that we’ve arrived at this point. And how utterly exhausting for the nation. We’re wrapping up yet another week watching the train wreck that is U.S. politics at work — or not working, depending on how one views it.
The GOP response follows:
Why is it that the rest of the world and economists of note — and now even Fed Chairman Ben Bernanke — know that drastic spending cuts, strict austerity measures, are not working?
Much of our fiscal crisis is manufactured in Washington; the budget and debt “problems” pushed endlessly throughout the news cycle are not near-term problems but, rather, focus on more distractions. The nation’s much larger crisis is the lack of attention paid to job creation and unemployment figures that are still too high. More jobs would mean lower unemployment would mean more tax revenue would mean a lower deficit would mean lower debt. It’s arithmetic.
There used to be a time when American exceptionalism was all about being stubborn — the good kind of stubborn persistence in the face of seemingly insurmountable challenges. Now it’s about stubbornness for the sake of being right, even when all evidence points to being as wrong as wrong can be. The problem is that those making the mistakes are not those who pay the price.
That’s your government at work, folks!
I commeent wyenever I like a article on a blog or I haave somethiing to contribute to the conversation. Usually
it’s a result oof thee sincerness communicated in the post
I browsed. And on this post Austerity and American Exceptionalism: Stubbornness Before the Downfall.
I was excited enough too post a comment 🙂 I doo have a feww questions for
you if you tend not to mind. Could it be just me
or do a few oof the responses look like colming from brain dead individuals?
😛 And, iif you arre writing aat other online sociual sites, I’d like to keedp up with you.
Could you list alll oof your community pages lke yor linkedin profile, Facebook page or twittrer feed?
Sains saya bersundut lagi, berkat imformasi dimana anda bayari, Saya kelak informasi seterusnya
terimakasih…