Aristotle and Polity; Moderate Government for the Advantage of the Poor/Pres. Obama's Tax Cuts for the Rich

I am re-posting some comments that I wrote in January 2011 on the President's failure to reasonably negotiate in the interests of demos of the United States. I would also like to point out a good article on Aristotle summarizing some of the main points of his descriptions of politics and especially democracy.

Ordinarily people have a misunderstanding of Aristotle. This 13 page article of summary is worth reading even if only to learn the difference between a polity and a democracy, or how Aristotle believed that Aristocracy transitioned destructively into oligharchy.

http://www.stoa.org/projects/demos/article_aristotle_democracy?page=7&greekEncoding=UnicodeC

In this article Aristotle is found to have the opinion that polity-s sort of representative democracy, is the most moderate and therefor, I would think, best.

Fork in the Political Road-President Obama Advocated Regan Quality Tax Cut Extensions

January 28, 2011 04:13 PM EST

The public debt of the United States is about 14 trillion dollars today. If the tax cut extensions had been allowed to expire the budget would have naturally balanced in two years. Since the tax cuts the President anticipates federal budget deficit the next decade at which time it might be reduced to 50% of todays.

By 2015 the public debt will be out twenty trillion, and interest on that debt will be more than a trillion dollars annually. Right now interest on the public debt is about 3/4s of a trillion annually.

http://www.federalbudget.com/

President Obama, in order to be responsible needed to be a Harry Truman kind of 'the buck stops here' guy and veto any tax cuts. With additional federal budget cuts the public debt could have started dropping in 2013. With the tax cuts and a balanced budget, any budget cuts would have enabled direct reduction payments on the debt principle reducing interest payments as well.

The corporate world is already having record profits in many areas. The rich are getting richer. Jobs are being outsourced. Illegal aliens still come and go by the millions. High unemployment will continue for several years. Fundamental national political accountability has been breached with global corporate interests taking precedence. The federal government in 2008 and 2009 bailed out the corrupt rich with trillions of dollars of financial help and left the jobless to twist slowly in the wind.

The employed are making good money and can afford to pay taxes; the unemployed don't have to pay taxes except from leftover earnings for which they might receive amnesty. The rich need to be taxed at pre-Reagan cut rates.

I write about this issue with pragmatic concern. In Anchorage Alaska there were created 500 jobs net growth in 2010, 1000 new jobs are anticipated in 2011.

A reform of American capitalism is needed as a general an oligarchy, anti-financial monopoly action, low entropy ecological economic are required too, and full employment rather than making America another Mexico or India ruled by elite financial globalists needs to be the goals of a 4th political party in the United States of America.