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The U.S. House of Representatives is ready to further put our nation's economy into a tailspin by cutting taxes by $94.5 billion over the next five years. While many Republicans are set to drop taxes, saying it's necessary for the economy, our nation is already in deep debt. One can't cut their income when one is spending more already.
They cut the budget in November, dropping people from the food stamp program, charging fees to Medicaid recipients, taking money out of federal student loans and cutting federal child support enforcement money.
Our Republican leaders voted for the budget cuts before because they follow the "every man for himself" strategy of life.
The problem is this, as more and more companies continue to send their manufacturing jobs to China and even traditional service jobs like call centers go to India, the U.S. is running out of means to pay laborers. Good paying jobs continue to dissappear and not everyone can work at Wal-Mart for substandard wages and unaffordable healthcare. Our economy is based on services now. The
A good example was the government announced today there was a record decrease in lending, attributed to people not buying cars. They expected an increase. American automakers are some of the biggest suppliers of jobs and they're having real problems. So how does this fit in with cutting taxes and social programs?
Well... the tax cuts generally only affect the wealthiest in our country. Cutting social programs affects the poorest in our country. Our nation is full of moral depravity not because of the sex and violence on television, it's because our leaders continously vote to take care of the wealthiest in our country and let the working poor starve. If I didn't know better, I'd say they like have the poor. Wouldn't it be best for everyone to have NO poor lower class? Where everyone could make a good wage and not have to worry about healthcare or putting food on the table. Our economy might need some restructuring, but not with more of the laissez-faire crap they spout. They government may not be the best choice to make sure all the people are fed and health care provided but someone has to make sure they are all taken care of. Sometimes, people just can't do everything themselves.
posted by Stithmeister @ 8:30 AM
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I'm currently working in the telecomm industry but one of my passions is still politics.
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