”all I know in all my years I have NEVER seen anything this irresponible from our Government and it has to stop and it will stop come 2012.”
Conservative “logic”:
- Preventing carmakers and banks from going bankrupt and by that preventing a bankruptcy chain reaction throughout the economy : irresponsible.
- Passing stimulus package that saved millions of jobs, who then use their earned money to buy goods and support the ailing economy: irresponsible.
- tax cuts for middle class and below (yes, Obama did those), so that they have more money to spend on goods, thus supporting the ailing economy: irresponsible.
- Passing a health insurance reform bill, that (while not going nearly far enough), will save millions of lives and will lower the financial burden on tax payers by making sure that people are insured and thus putting money into the pool, lowering the costs for everybody when they use health services: irresponsible.
BUT!
- massive tax cuts for the rich while starting 2 illegal and increadibly costly wars: responsible.
- massively reducing government expenses, which will only have the effect of consumers having less money to spend on supporting the economy by buying goods, in a time where the economy is in trouble because people do not/can not spend money on goods: responsible.
Actual logic:
- letting systemic companies fail, thus destroying millions of jobs in a chain reaction, thus causing people to have less money to spend on goods, thus deepening the recession further, even causing a 2nd great depression: Irresponsible.
- Not passing a stimulus package, thus destroying countless jobs, thus causing people to have less money to spend on goods, thus deepening the recession further: Irresponsible
- Not passing health insurance reform, therefore condemning countless people to death, letting the cost spiral continue to grow unimpeded, and causing people to go bankrupt because of illness, thus wasting a lot of money that could otherwise be spent on supporting the ailing economy: Irresponsible.
- tax cuts for middle class and below, so that they have more money to spend on goods, thus supporting the ailing economy: Responsible.
The fact is that you can never get out of a recession, unless the majority of the people can and do spend money on goods. To do that, the government must enact policies that puts money into people’s hands to spend on goods, that includes taxcuts for middle class and below, that includes stimulus packages to keep/create private and public jobs and thus money in peoples’ hands to spend on goods, that includes preventing systemic companies from going bankrupt, saving millions of jobs, thus keeping money in peoples’ hands to spend on goods, that includes passing health care reform, freeing up money for people to spend on goods.
And yet conservatives advocate doing the very opposite of what needs to be done, the opposite of what will help overcoming the recession, and what will only worsen the recession.
And the most frightening thing of all, is that with all their demagogery, they might get back into power again, enacting their counterproductive ideas, plunging you, and, because of global economic interconnectedness, the whole world, back into a depression.