The Fiscal Bargain is LAME, LAME, LAME!!
Graphic courtesy of Father Tyme
Our toady lawmakers, including the President, hid behind the manufactured budget hysteria, and chose to leave huge corporate handouts in place, handing out big breaks to Hollywood, NASCAR, mining companies, Goldman Sachs headquarters in NYC, and the Big Banks. They also chose to raise taxes on working Americans, by letting the payroll tax cut expire. This means an immediate 2% tax hike on every worker, costing each worker up to $1000.00 per year (or more). Apparently not able to grasp the concept that no deal is better than a bad deal, they forged a last-minute mess that should leave dems ashamed - not grinning for photo opps.
What COULD Have Been Done Instead, if Our Lawmakers Weren't Corrupt Lackeys for Billionaires:
-A transaction tax on Wall Street trades of .03 per $100.00 could have been implemented.
-Nonsensical, wasteful Pentagon spending could have been eliminated.
-Fossil fuel subsidies could have been cut in half.
-ALL of the Bush tax cuts for millionaires could have been axed.
-Eliminate corporate off-shore tax shelters.
But of course, our legislators didn't have the will or the spine to stand up to the big-money lobbies. Meanwhile, these sell-outs are enjoying their lifelong benefits which we pay for, like their pensions, healthcare, security, and whatnot. Obama even mandated a pay raise for this do-nothing Congress! You can bet that none of them are going to be living on Social Security only, struggling to buy food, heat, and medicine. The House even had the gall to adjourn without passing the Hurricane Sandy relief bill, thanks to the repug "leadership". Outrageous and absolutely inexcusable!
The zeal to slash anything that benefits the public is what we expect from the repugs. Their self-serving greed and avarice is a given, as predictable as the sunrise. But don't ever forget that the offer to cut Social Security, Medicare, and Medicaid came from a democratic president who just won an election. And won it in no small part due to promises to protect Social Security and Medicare, and making the rich pay their fair share for a change. Is there anything this guy won't cave on? It'll be interesting to see how the Obamabots spin this one. I'm sure that true to form, they'll have great excuses for him.
What does it take for Americans to realize this government is broken? As in no longer working for citizens? What will it take for citizens who still have some semblance of a brain to stop pretending that either wing of our one political party gives a damn about us?