2/1/11

Why National Debt Has Increased Since Women & Minorities Rose to Top of U.S. Party Politics

With the rise of minorities and women in federal politics the national debt has increased, industry outsourced, nation flooding with illegal Mexican immigrants, wealth concentrated and public debt skyrocketed. The reason is that there are no large constituencies outside the parties unhappy and agitating for change and inclusion. Without competition the millionaires and would be millionaires in Congress and the White House concentrate wealth and enrich themselves as the first priority.

President Obama recently served up a ‘we will bury you in bulldung’ moment with his plan to add six trillion dollars of new public debt by 2015. Like a ‘senior moment’ the President’s state of the Union speech ‘sputnik moment’ seemed to forget something; inventing new public debt by the trillions creates inflation instead of national economic security. Those trillions aren’t lofted sputniks that rhetorical competition will catch up with and pay for.

Now that ‘minorities’ are insiders and even leading the two parties just kicking back and forth a dialectical materialist transfer of wealth to themselves and debt to the public. 14 trillion dollars of public debt equals one year U.S. gross national product. President Obama plans to increase that by 2015 to 20 trillion dollars of debt. The President has a suggestion that in a decade the budget deficit could be reduced by half (a half-plast budget plan).

Democrats don’t want to cut the federal budget generally. Republicans don’t really either; they just want to redistribute the budget allocations away from the poor and middle class and too the rich through military spending.

Republicans want tax cuts for the wealthy and everyone, which increases the federal deficits. The rich get richer with fewer taxes that too often make their way to the poor-except in the case of national health care.

So Republicans and Democrats in political power kick back and forth the ‘tastes great/less filling debate of tax cuts and budget cuts with both parties getting what they want and failing to prevent the other party from getting what it wants. The net result is and out of control deepening of federal debt and no one besides the poor and Lou Dobbs-perhaps living in Siberia now, to righteously note the problem and the cure. The U.S.A. must raise taxes and cut the federal budget together. It also must develop better spending policy that gets more economic and environmental results for less.

No comments:

Capitalism is More Natural Than Socialism

 Capitalism is probably more natural than socialism although economically challenged people are probably happy enough if either works reason...